Which? · Which tax rises could be announced in this month’s Budget?
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Report that 27% of people who took tax-free cash from pensions now regret it
27%
“If you got someone that's looking to help their child get on a property ladder and it's likely to come from the pension tax free cash… you could do that now and… advance what you might have put in place.”
“When you move to an allocated pension… earnings become tax-free, withdrawals become tax-free… you can re-contribute it to super”
“Buying a great tax-free family home where I can value add tax-free, cash equity out tax-free, and then fundamentals. Aim for that asset to be debt-free buy when you want to retire.”
“He said the report on the cash wrap eventually led to me wanting to get rid of the cash wrap. And at Apple, we got rid of and went to handheld checkout 10 years ahead of the industry.”
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