7 UK Pension Tax Traps Every Retiree Must Know in 2025!

Описание: 7 UK Pension Tax Traps Every Retiree Must Know in 2025!

In this Retire Wise UK video, we break down 7 crucial UK pension tax rules that anyone approaching or already in retirement needs to understand before 2025 fully unfolds. Getting to grips with these can stop you from losing thousands to unexpected tax bills, help safeguard the income you rely on, and give you much clearer control over your retirement plans.

We’ll walk through the upcoming inheritance tax changes, how pension withdrawals can push you into higher tax bands, the way your state pension quietly affects your overall tax position, strict contribution limits once you’ve touched your pot, the knock-on effects on Pension Credit, declaring overseas pensions correctly, and why the timing of your withdrawals could save (or cost) you a small fortune.

Please remember: this is educational information only, not personalised financial advice. If anything here rings a bell for your own circumstances, it’s always worth speaking to a qualified adviser to make sure your plans are as tax-efficient and secure as possible.

Thank you for watching Retire Wise UK – stay one step ahead, keep your retirement on track, and make sure your hard-earned money works for you and your family.

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⚖️ Disclaimer :
Retire Wise UK shares information for education only.
We are not financial advisers — always seek professional guidance before making financial or pension decisions.
We’re not responsible for any actions taken based on this content.

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