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Paying £2880 into pension when retired
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Self-employment profit for this tax year will be close to zero - i.e. any turnover in excess of business expenses will get reinvested in equipment, under the Annual Investment Allowance.
My planning for this year was that self-employed profit + taxable savings interest would total around £14K. And I'm now thinking that would leave me room to withdraw £3600 from a SIPP (£2700 of that being taxable income) which would still leave me under the £18,570 threshold (including £5K starting rate for savings and £1K savings allowance)…
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