4 pensions - which to draw down from tax free??

maximumgardener

Maybe you need expert advice from an IFA here.

generally not a great idea to strip out your pensions to use tax free cash for BTL , I would have thought .....but maybe you know better...Rules are changing here on BTL as has been said already.

why don't you both consider opening personal pensions for say around 50% of your combined incomes.?
could take you out of paying any income tax.
key point obviously.... if you can afford it?

say 23k joint income and 23k into pensions ( approx 18k into your OH and approx 5k into yours). do this until your so's kick in ??

maximumgardener

sorry ...typo sp. = state pensions