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Retirement, Pensions and Investments
As you come up to retirement your life can change quite a bit and so can the amount of tax you pay as you may be due additional personal allowances. For some, retirement will bring enquires from HM Revenue and Customs about total income including all investments and pensions to be paid, this may be the first contact you have had for many years.
For many of us things may not be that straightforward as our pensions may come from more than one source and often you will find yourself having to complete tax forms for the first time. The days of people working for just one employer for their whole life are gone and it can be a frustrating time.
At TaxClever we offer a retirement service where for one fee we will review all your liability to tax and ensure that your claim the correct allowances and pay only the tax due.