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Best Of
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Re: I have been left a £50,000 inheritance, I want to add it to my pension pot.
Just for clarity - in theory you could add the £50K to your pension pot in one go, but you could not get tax relief on most of it. So in that case it would not be a very good idea. As said to get the…2 -
Re: I have been left a £50,000 inheritance, I want to add it to my pension pot.
It's worth bearing in mind the MPAA rules around pensions. If you have at any point taken taxable money out of your Aegon pension then you can only contribute a maximum of £10k a year to your pe…2 -
Re: I have been left a £50,000 inheritance, I want to add it to my pension pot.
You won't get it all in the pension in one go (as @Triumph13 says). Put £20k in an ISA this tax year and another £20k into it next tax year. Assuming you have the ISA headroom. You could make it…2 -
Re: I have been left a £50,000 inheritance, I want to add it to my pension pot.
Your problem is that the max gross amount you can add to your pension in any one tax year is the amount of your part time earnings, less any existing pension contributions you are making. If your PT …1 -
Re: VAT on silver bullion
You could try buying "second hand" silver coins - they are sometimes advertised as VAT free.1 -
Re: VAT on silver bullion
yes you would like the vat amount if you paid vat1 -
Re: VAT on silver bullion
If you're buying for investment then why not buy gold which is VAT free? Even better gold coins are also CGT free3 -
Re: Cash ISAs: The Best Currently Available List
https://forums.moneysavingexpert.com/discussion/comment/81888205#Comment_81888205 Meteor don’t hold the rate for you. The way it works - you transfer to Meteor ISA first and when the transfer is comp…1 -
Re: Watty's Awakening
https://forums.moneysavingexpert.com/discussion/comment/81895023#Comment_81895023 Only do this if you know how to write prompts correctly.5 -
Re: Watty's Awakening
https://forums.moneysavingexpert.com/discussion/comment/81894168#Comment_81894168 Could you stick the legal documents into AI and ask it produce a summary document that would do the job?4
