Ask Acorn’s Post

With 2023 tax deadline day fast approaching have you considered how you could potentially lower your 2023 tax liability? 📞 - 0861775833 📧 - Barry.mcconnon@askacorn.ie #2023IncomeTax #PensionContribution #AVC #AdditionalVoluntaryContribution #ad

Taxpayers should be aware that in some cases when transferring your pension from one tax jurisdiction to another it may involve closing the pension in its entirety and transferring the funds into a registered plan in their new country of residence. Read more in our latest blog: https://lnkd.in/ec6CkdZA #Tax #Pension #Taxpayers

Taxpayers should be aware that in some cases when transferring your pension from one tax jurisdiction to another it may involve closing the pension in its entirety and transferring the funds into a registered plan in their new country of residence. Read more in our latest blog: https://lnkd.in/eFcntqwg #Tax #Pension #Taxpayers

Taxpayers should be aware that in some cases when transferring your pension from one tax jurisdiction to another it may involve closing the pension in its entirety and transferring the funds into a registered plan in their new country of residence. Read more in our latest blog: https://lnkd.in/eiMDrx72 #Tax #Pension #Taxpayers

Taxpayers should be aware that in some cases when transferring your pension from one tax jurisdiction to another it may involve closing the pension in its entirety and transferring the funds into a registered plan in their new country of residence. Read more in our latest blog: https://lnkd.in/e96Qy58k #Tax #Pension #Taxpayers

Want to learn more about the inheritance tax changes announced in the recent Budget? Click the following link to watch our recent webinar, ‘Your pension questions answered’ where we touch on the changes and explain what it might mean for you and your family. 🔗 https://ow.ly/C9ww50UpPpu #BudgetAnnouncement #InheritanceTax

Getting a higher/additional rate taxpayer a £6,600 tax refund 😁 If you’re paying into a pension using the ‘relief at source’ method, you could be due a tax refund If you’re not completing a tax return or not doing it accurately, you may be owed money back for your pension contributions A recent client has contributed £550pm through his payslip for the past 4 years ✅ Higher rate taxpayer ✅ Relief at source method ❌ Completing a tax return Triple whammy He’s going to be owed c£6,600 by HMRC when he amends his tax returns Find out which method your pension contributions are made with help from my blog linked in the comments below 👇 🔗

If you’re a business owner, rather than paying yourself a higher salary or dividend you might want to consider pension contributions from the business. This can attract Corporation Tax relief, which is tax efficient for extracting profits, but then allows the money to be invested within the pension to grow tax free until you need it. Contributions to your pension effectively reduce your taxable income, allowing you to reduce the tax you pay and potentially even move you into a lower tax bracket. Find out more here: https://lnkd.in/dzv62mVv #Tax #TaxPayer #TaxTips #IncomeTax #FinancialPlanning #Pension

Thinking of accessing a pension without professional advice? Tax and scams are things that can catch you out. Consider advice before proceeding. #PensionAccess #Scams #Tax https://bit.ly/47Jrvoi