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private:pension [2019/09/18 11:34]
admin [Plan 2019]
private:pension [2019/09/18 11:37] (current)
admin [Plan 2019]
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 40% income and child benefit kicks in at £50k, capital gains tax is 20%. Tax minimisation says £50k income. 40% income and child benefit kicks in at £50k, capital gains tax is 20%. Tax minimisation says £50k income.
 +
 +Want to make use of £12k CGT - so need about £300k there.
 +
 +Want to use up AC losses, so about £200k there, £16k income a year that won't be taxed.
 +
 +OLD below
  
 Immediatatly £1m into momentum tracker, £1m into P2P (8% return) - pull out from P2P to fund EIS and to pay tax in Jan 2021.  Leave 500k in P2P along with existing 100k, that's basic income of 48k.  Reduce if still working. Immediatatly £1m into momentum tracker, £1m into P2P (8% return) - pull out from P2P to fund EIS and to pay tax in Jan 2021.  Leave 500k in P2P along with existing 100k, that's basic income of 48k.  Reduce if still working.
private/pension.txt · Last modified: 2019/09/18 11:37 by admin