How I Make OVER £50,000 A Year AND Keep My Child Benefit

Описание: Child benefit is an extremely valuable tax-free gift from the Government to parents. If you qualify, you currently receive £1,133.60 a year for your first child, then £751.40 a year for each subsequent child.

But beware, as a 1% tax charge is applied for every £100 a member of your household earns over £50,000 a year. This video explores the benefits of making pension contributions to take advantage of significant marginal tax rates for people earning above £50,000.

📗 Buy my new book: The Retirement Café Handbook – Nine Accelerators for a Successful Retirement: https://amzn.to/3Q686I8

Other videos you might like:

Pensions Annual Allowance - Use it or lose it and the carry forward rules:    • Pensions Annual Allowance - Use it or lose...   Pension Annual Allowance explained:    • The Pension Annual Allowance explained 2021  

Thanks for checking out my YouTube channel - I’m Justin King and my aim is to help people to live successful lives. That often involves understanding your money.

If you enjoy this video, please press the like button to help more people like you find my channel.

If you're planning your retirement and want to make the best use of your wealth to provide for your family throughout retirement and beyond, or work out how best to pay for a loved one’s care, I may be able to help you.

As a Chartered Financial Planner at boutique retirement planning practice, MFP Wealth Management, I help successful people retire with complete confidence.

To explore whether I could help you, get in touch at https://www.mfpwealthmanagement.co.uk.
Get my weekly newsletter: https://bit.ly/MFPnews
Check out my podcast: https://www.theretirementcafe.co.uk/

Connect with me:
On Twitter:   / justinkingcfp  
On LinkedIn:   / justinking-online-retirement-planner-ifa  

This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!