Hi,
Looking for some advice, i am due a 3k extra payment from my job this month ( related to a large project we done and hit targets ) anyway we have the option to either take the payment with salary or put all or some of it into our pensions.
I know pensions are in a bad place but if i put it into pension, it's all tax free + my pension is down as i missed a few yrs paying into one.
So would it be wise to just put it into my pension fund, or just take the payment and get hit with the tax?
Also would people in general recommend makings AVCs?
cheers
Looking for some advice, i am due a 3k extra payment from my job this month ( related to a large project we done and hit targets ) anyway we have the option to either take the payment with salary or put all or some of it into our pensions.
I know pensions are in a bad place but if i put it into pension, it's all tax free + my pension is down as i missed a few yrs paying into one.
So would it be wise to just put it into my pension fund, or just take the payment and get hit with the tax?
Also would people in general recommend makings AVCs?
cheers
