Summary: 

This course provides a comprehensive understanding of tax and National Insurance, highlights common tax pitfalls for higher
earners, and offers strategies for tax-efficient savings. It covers pension contribution limits, upcoming Inheritance Tax changes on
pensions (from 2027), and expert tax planning tips specifically for those earning £50,000 or more per year.

Aimed At:

Those employees who want to gain a clear understanding of tax and National Insurance, ensuring you’re compliant and informed.
Avoid common tax pitfalls that often impact higher earners. Learn tax-efficient savings strategies to maximise your wealth.
Understand pension contribution limits to make the most of your retirement planning. Stay ahead of upcoming Inheritance Tax
changes on pensions (from 2027) and plan accordingly. Benefit from expert tax planning tips tailored specifically for high earners.
If you’re looking to optimise your finances and minimise unnecessary tax burdens, this course is a valuable investment!

Course Structure:

Tax on income:

• Rates of income tax and National Insurance

Tax issues affecting higher earners:

• Child Benefit
• Tax-free childcare
• Higher rates of tax

Pension savings and tax:

• Tax relief on contributions
• Making extra pension savings
• Pension tax relief limits

The Annual Allowance on pensions:

• The annual allowance tax charge
• Opportunities for higher annual allowance
• Restricted annual allowance

• Taking pension benefits and tax
• Tax planning tips for higher earners
• Planning next steps