Hi everyone,
I'm new to here! I'm just wondering if someone can offer some advice!
I work four days a week in the public sector and I have AVCs for this with Cornmarket.
I also work as a therapist in private practice - self-employed with my own small business - and see about 6 or 7 clients a week.
I'm wondering if I'm able to set up a PRSA for the therapy income (ideally with Cornmarket but anyone really). Seemingly by putting money into the PRSA it's a more tax efficient way?
Or is there a stipulation that I can only have AVCs or a PRSA?
I have an appointment with Cornmarket but that's not until two weeks time.
I've a feeling I can only open a PRSA with them for funds that come from a public sector job (but I could be wrong).
Sorry...pensions isn't my forte!
Thanks a mill in advance!
I'm new to here! I'm just wondering if someone can offer some advice!
I work four days a week in the public sector and I have AVCs for this with Cornmarket.
I also work as a therapist in private practice - self-employed with my own small business - and see about 6 or 7 clients a week.
I'm wondering if I'm able to set up a PRSA for the therapy income (ideally with Cornmarket but anyone really). Seemingly by putting money into the PRSA it's a more tax efficient way?
Or is there a stipulation that I can only have AVCs or a PRSA?
I have an appointment with Cornmarket but that's not until two weeks time.
I've a feeling I can only open a PRSA with them for funds that come from a public sector job (but I could be wrong).
Sorry...pensions isn't my forte!
Thanks a mill in advance!