Bumbling along to be Mortgage Free

newgirly

Thanks Michelle, will try and do some more research, good luck with the kitchen tomorrow.

SmlSave

Good luck with the ironing mountain!

Hope the kitchen gets done fairly quickly.

RosieTiger

cha97michelle wrote: »

Will mention that thought to DH. Trouble is he is very like me and we don't tend to value what we do enough. I will get chatting to him. Trouble is that he is in such a small company he doesn't want to affect the company and end up without a job. Don't want to be too greedy to our detriment. I'll get looking at it.

Please remember that pensions are very tax efficient - as your paying gross and before tax you will never better that deal by any other savings !!

taxi73

sounds like a nice positive day was had

taxi73

All sounding very positive and glad he's filled the hole in for you.

LilacPixie

Weeks for a kitchen EEEEKKKK but at least it will be done for christmas. Pensions very important try look at it in 2011 if you can, very tax efficient and any payments you make to a scheme can be deducted from earnings for tax credit purposes if you claim those not to mention if OH is close the the HR limit that would mean the removal of child benefit you may find a pension pays for itself.

taxi73

your kitchen will be lovely when it's done and it's best having a quality builder take his time rather than a bodgett builder rush it.

I've no advice on pensions as I don't have one and it's too late now to start for us

LilacPixie

Men!!!

wills are on our list too. Do you know that me, miss organised made a will when i bought this place leaving house etc to my parents and i've never ever changed it just never got around to it.

gratefulforhelp_2

LilacPixie wrote: »

Weeks for a kitchen EEEEKKKK but at least it will be done for christmas. Pensions very important try look at it in 2011 if you can, very tax efficient and any payments you make to a scheme can be deducted from earnings for tax credit purposes if you claim those not to mention if OH is close the the HR limit that would mean the removal of child benefit you may find a pension pays for itself.

Can you do that? If so its very cunning.

LilacPixie

Unless they block you before hand yes. Pension payments are gross so if say you or your OH is over the HR limit by 1k. You could fling 1100 into the pension pot, lose about £600 net wages (£50 a month) yet keep about 2.5k child benefit if you have 3 kids