Have you thought about a gold pension or buying gold for retirement? Read below to learn the advantages of choosing the right gold retirement plan for you
If you are a UK citizen, then you can benefit from up to 45% tax relief when investing in gold as part of your personal pension.
You can claim tax relief up to the maximum annual allowance, which is currently £40,000 and furthermore, any gains will be Capital Gains Tax (CGT) exempt subject to rules and guidelines by the HMRC.
There are different approaches to buying physical gold with your pension:
• Buy gold through your existing SIPP or SSAS
• Transfer part of or the full value of your existing pension to a SIPP or SSAS
• Make contributions to a new SIPP or SSAS
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