K
kbr909
Guest
My wife is shortly to take redundancy & hold on to her Defined Benefit Pension. I am just about to change our status to Joint Assessment so I can avail of her unused TFAs.
If she contributes to a pension scheme now that she will be a stay at home mother is there any tax advantage?
She won't be earning & even if she returns to part-time work it won't be substantial.
Can I deduct tax based on her pension contributions?
The nub of this is that she is getting a lump sum, we are looking at investing in residential property, but if there is a tax advantage for pension contributions we would like to ensure we avail of this first.
If she contributes to a pension scheme now that she will be a stay at home mother is there any tax advantage?
She won't be earning & even if she returns to part-time work it won't be substantial.
Can I deduct tax based on her pension contributions?
The nub of this is that she is getting a lump sum, we are looking at investing in residential property, but if there is a tax advantage for pension contributions we would like to ensure we avail of this first.