How to use your personal tax allowance, Isas and pensions to boost your income in retirement

How to use your personal tax allowance, Isas and pensions to boost your income in retirement

Nick Onslow, a chartered financial planner at the RU Group, explains how to build an income that incorporates a variety of income tax allowances

Paying less tax means you have more net income (Photo: PA) The best way to achieve a great retirement plan is to be as tax efficient as possible. Paying less tax means you have more net income and can take less investment risk.

The most effective way to achieve this is to build an income that incorporates a variety of income tax allowances (such as the personal allowance of £12,500) and tax wrappers such as Isas […]

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