In this episode Carl discusses the 4 main tax wrappers that investors can use to legally shelter their income and gains from tax. Saving and investing into the right wrappers now could mean that all your income in retirement is tax free.
In this podcast you will hear:
- How the 3 main taxes, Income Tax, Capital Gains Tax and Inheritance Tax work.
- The tax breaks for the 4 main tax wrappers.
- Why you should use all 4 tax wrappers for saving rather than just a pension.
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Stock market linked investments and any income from them, can fall as well as rise and is not guaranteed. Any figures quoted are for illustrative purposes and should not be taken as a forecast or guarantee. Past performance should not be seen as an indication of future returns and clients may get back less than they have invested.