Saving tax???

Cook_County

Putting aside the argument that you are possibly employed by Lionbridge anyway; I assume that your accountant has talked about changing your accounting date, office in home expenses, capital allowances, travel costs, training costs and other business related expenss including hiring and paying an employee to look after your admin.

opinions4u

What did your accountant suggest?

John_Pierpoint

grey_gym_sock wrote: »

this may be pedantic, but you don't have to actually retire before you can touch a pension, though you do have to be over 55.

EIS/SEIS/VCT can be shorter term than a pension (depending on your current age), but they are rather high up the risk spectrum.

pension or gift aid are the simple answers.

Does anyone want to trade statistics with me?
I don't know the actual figure but there is a significant risk that the OP might not make it to 55, let alone 65 or 75.

Well that is the bad news, the good news is that the pension pot can be kept outside of the estate, avoiding Inheritance Tax helping itself to 40% of the pension savings.
I think 75 is the cut off age?.

When thinking about pensions we really need to know more about the OP's wealth and anyone dependant on the OP's income.