SIPP & Pension FAQs Answered

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In this video, I revisit a past discussion about SIPPs, pensions, and claiming tax back, answering your common questions. From understanding SIPP contributions and tax relief to explaining the rules around self-assessment tax returns, I help you navigate your pension and tax situation. Watch for detailed explanations on how to make the most of your pension contributions and avoid confusion when managing your SIPP.

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MY WEBSITE:
https://www.martalis.net/

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PS: Some of the links in this description are affiliate links that I get a small 'thank you' from, to help fund this channel. It also means you can get great deals with my affiliate partners.

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ABOUT THIS VIDEO:
How do I claim tax back on my SIPP, How tax relief on private pension works UK, How to claim tax back as a higher earner SIPP, Carry Forward rule Pensions, Annual Allowance Pensions UK, Pensions UK, SIPP UK, Investing for early retirement, Personal finance, UK personal finance, FIRE UK, Pension planning UK, Early retirement planning UK, Private pensions UK, Money coaching, Marta Lis

CHAPTERS:
00:00 - Intro
00:20 - Old workplace pension and monthly contributions - which ones count for tax relief?
01:21 - Can my father who's 64 open a SIPP and start withdrawing from it?
02:53 - Can the tax refund be spent or must be reinvested into the SIPP?
03:25 - When can I submit the self-assessment tax return soonest?
05:40 - Do I really need to submit a self-assessment tax return?
06:40 - Carry forward rule, annual allowance and unused allowance explained
09:30 - Outro

#TaxRelief #PensionContributions #taxUK #UKFinancialEducation #SIPP #PensionsUK