Starting a pension for your spouse if they do not have one, or topping up if they aren’t contributing their full allowance, may also be a tax-efficient option.
These suggestions are a guide only and we recommend that we review your taxable income and personal circumstances in detail before you make any decisions and if required we can refer you to a specialist pension or independent financial adviser.
If you have any queries on the structure of your individual remuneration package in advance of the new tax year, please let us know and we will be happy to advise.