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Starting a private pension - when is 'too late'..?
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Witht he rise in costs going forwards, and the restriction on what is allowed for deductibles re tax in future- means it wont be as good going forwards.
Possibly not as good, but still potentially better than a pension or ISA if you invest in the right properties and they are managed well.. I get over 7% net from rents, Capital gains are a bonus and are good currently. The tax changes don't currently affect me as I am not a higher rate taxpayer.
Of course you can do both - invest in properties using a ltd company and pay yourself a directors pension. Tax free up to the limit on what you can contribute to a pension.0
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