Myself and my wife gets 110k as annual salary (Both of us get around 55K). Tax on my salary is deducted at 40% I suppose. Is there any way I could reduce the tax I pay and make use of it by imvesting in something like pension fund or something else? I dont want to wait till 67 to retire and get pension. Currently aged 50 and would like to retire in max 10 years.
Any advice on what could be best way reduce the tax I pay?
What are my options? If investing in pension fund is my only option, which financial firm is the best with lowest charges etc? And also which broker?
Any advice on what could be best way reduce the tax I pay?
What are my options? If investing in pension fund is my only option, which financial firm is the best with lowest charges etc? And also which broker?