Tax Impacts: Pensions Tax Advantages And Limits

(3 min read)

There are many tax advantages of contributing to the Fund, including tax relief on contributions and investments. Further details can be found here.

Some of our members may be affected by the HMRC limits in place on tax relief. There are limits on tax relief for contributions made in the tax year and contributions made throughout your lifetime.

We have also produced a document which will help you understand if you are affected and what options MMC has to help you manage your tax position.

First published July 2023

If you’re an active member

i.e. if you still work for the Company.

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If you’re a deferred member

i.e. if you no longer work for the Company.

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