How to avoid the 60% tax trap with SIPP and pension contributions | A financial planner explains скачать в хорошем качестве

How to avoid the 60% tax trap with SIPP and pension contributions | A financial planner explains

Earning over £100,000? You could be falling into the 60% tax trap without realising it. [When investing, your capital is at risk. Not financial advice.] In this video, Chartered Financial Planner Jo Wall explains what the 60% tax trap is, how it affects higher earners in the UK, and how personal pension or SIPP contributions can help you reclaim lost tax and help you keep your full personal allowance. ✅ Learn how the personal allowance taper works ✅ See how to calculate the tax-saving impact of pension contributions ✅ Find out how higher earners can use pensions to reduce their effective tax rate ✅ Use InvestEngine’s free calculator to see what tax relief you could claim 📈 Whether you're a higher-rate taxpayer or just starting to plan smarter for retirement, this video breaks down a complex topic in simple terms. 🔗 Get started with a SIPP: https://investengine.com/sipp/ 🔗 Try the calculator: https://investengine.com/tax-relief/ 💡 Ready to take control of your financial future? Start investing today with InvestEngine: https://investengine.com 📱 Download the IOS app: https://apps.apple.com/gb/app/investe... 📲 Download the Android app: https://play.google.com/store/apps/de... Don't miss out on our regular finance education videos – hit the subscribe button to stay informed and empowered on your investment path. Want to talk about it? Join the InvestEngine Community: https://community.investengine.com/ #investingtips #investingforbeginners #investingadvice Follow us on social media: Instagram:   / investengine   TikTok:   / investengine   LinkedIn:   / investengine   Twitter (X): https://x.com/InvestEngine Threads: https://www.threads.net/@investengine Reddit:   / investengine   This video is intended for an audience of United Kingdom (UK) tax residents only, the content therein is for educational purposes only and does not constitute investment advice. If you are unsure of the risk or suitability of an investment, please seek appropriate financial advice from an independent financial adviser and/or tax specialist. When investing, your capital is at risk. Investments can go up and down in value, so you could get back less than you put in.