Tax and your pension

Article Abstract:

One is entitled to get tax relief on private pension contributions and there are many plans that give pension proceeds as a tax-free lump sum amount. Different pension schemes that give pensioners income after retirement are presented and how to file returns after retirement is described.

Pensions

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National Insurance

Article Abstract:

National Insurance Contributions (NICs) are linked to contributory benefits that involve some social security benefits including the state pension. Employees pay a percentage of savings as NIC on virtually all sorts of pay such as wages, salaries, and commission among other income types.

Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS, Insurance industry

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