Company Directors often focus purely on the assets within their pension fund; and the investment performance of these assets. However, the tax treatment of a company pension structure is as important as the investment performance, if not more so.
There are many tax benefits to a Company pension structure, some of which clients may not be aware of:
As well as the pre-retirement tax efficiencies associated with a company pension plan there are retirement planning requirements that incorporate the tax treatment of lump sums when you come to take your retirement benefits, and the tax treatment of your income while in retirement.
If you want to discuss your own retirement planning needs contact Harvest on 01 2375500 or email firstname.lastname@example.org – we continue to provide our services to new and existing clients remotely during the Covid 19 outbreak.
The marketing material is not intended to provide advice and is provided for general information purposes only.
The particular tax treatment contained herein is based on Harvest Financial Services Limited’s understanding of current Revenue practice as at March 2020. Please note that the tax treatment depends on the individual circumstances of each client and may be subject to change in the future. You should take such independent tax advice as you deem appropriate.