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Pension Pot withdrawal.
Comments
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Just an example really.DRS1 said:
Why only 40% on the remainder? Additional rate tax is 45%.SouthCoastBoy said:So could end up paying 40% iht then 40% on the remainder. Gulp. When taking houses and other savings into consideration it doesn't take much to get to 2 million especially if over the oncoming years the iht threshold doesn't get increasedIt's just my opinion and not advice.0 -
Yes But you were missing the full Daily Mail headline opportunity.SouthCoastBoy said:
Just an example really.DRS1 said:
Why only 40% on the remainder? Additional rate tax is 45%.SouthCoastBoy said:So could end up paying 40% iht then 40% on the remainder. Gulp. When taking houses and other savings into consideration it doesn't take much to get to 2 million especially if over the oncoming years the iht threshold doesn't get increased0 -
But when you retire and start spending it, you won't be dying with £2million, will you......SouthCoastBoy said:So could end up paying 40% iht then 40% on the remainder. Gulp. When taking houses and other savings into consideration it doesn't take much to get to 2 million especially if over the oncoming years the iht threshold doesn't get increased0
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