Hi, I'm 25 and doing pretty well for myself.
Note, my income is not taxable (gambling
I'm not really looking for advice on bankroll management/anything related to my own income or risk
Why is a pension not the right framework?
Incidentally, my understanding of CAT from College was that Child==>Parent was only threshold 2 (40k) unless the child dies?
Apologies Praetor, but I'm highly sceptical about claims like yours...I've yet to meet a "professional gambler" who hasn't a touch of Walter Mitty syndrome when it comes to their success. From the information you've provided us with to date, your mother's probably in a better place financially than you are. I don't mean to offend you, but given your age I'd be extremely concerned about your "career" and long term earning prospects.
You should not be making any pension contributions for yourself or anyone else, as you get no tax relief on them. When you draw down a pension, it is taxable. So it makes no sense to put net income into a fund which will be taxed when it comes out.
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