Tax and your pension
Article Abstract:
One is entitled to get tax relief on private pension contributions and there are many plans that give pension proceeds as a tax-free lump sum amount. Different pension schemes that give pensioners income after retirement are presented and how to file returns after retirement is described.
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Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2004
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National Insurance
Article Abstract:
National Insurance Contributions (NICs) are linked to contributory benefits that involve some social security benefits including the state pension. Employees pay a percentage of savings as NIC on virtually all sorts of pay such as wages, salaries, and commission among other income types.
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Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
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