This course provides a comprehensive understanding of tax and National Insurance, highlights common tax pitfalls for higher earners, and offers strategies for tax-efficient savings. It covers pension contribution limits, upcoming Inheritance Tax changes on pensions (from 2027), and expert tax planning tips specifically for those earning £50,000 or more per year.
Learning Objectives:
- Gain a clear understanding of tax and National Insurance, ensuring you’re compliant and informed.
- Avoid common tax pitfalls that often impact higher earners.
- Learn tax-efficient savings strategies to maximise your wealth.
- Understand pension contribution limits to make the most of your retirement planning.
- Stay ahead of upcoming Inheritance Tax changes on pensions (from 2027) and plan accordingly.
- Benefit from expert tax planning tips tailored specifically for high earners.
To encourage a positive and realistic approach to a financially secure retirement and help employees make informed choices about retirement.
Aimed at:
Employees, regardless of grade, considering retirement or for those who have just started thinking about retirement plans.
Learning objectives:
- Explore changes in lifestyles
- Identify where income is expected to come from and how it is taxed differently in retirement
- Understand the State pension and different types of workplace pensions
- Learn about the risks and rewards involved in savings and investments
- Discover why increased life expectancy escalates the dangers of inflation and how to combat it
- Find out how to ensure your estate is passed to your intended beneficiaries
- Understand Inheritance Tax
- Understand the next steps