DRAWDOWN DEBT REGISTRATION
DRAWDOWN DEBT PROFESSIONAL

DRAWDOWN DEBT PROFESSIONAL

The information to which this website gives access is directed only at persons (i) who are persons falling within Article 49(2)(a) to (d) ('high net worth companies, unincorporated associations etc.') of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Order or (iii) to whom it may otherwise lawfully be communicated (all such persons together being referred to as 'relevant persons'). In any Member State of the European Economic Area ('EEA'), the information contained in this website is only directed at and may only be communicated to persons who are 'qualified investors' ('Qualified Investors') within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the 'Prospectus Regulation'). NO PUBLIC OFFERING OF SUCH SECURITIES IS INTENDED TO BE MADE IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN THE “OTHER COUNTRIES.”

DRAWDOWN DEBT REGISTRATION

PERSON UNLESS THE SECURITIES ARE REGISTERED UNDER THE SECURITIES ACT, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT IS AVAILABLE. SECURITIES ACT OF 1933, AS AMENDED (THE 'SECURITIES ACT'), OR PURSUANT TO THE CORRESPONDING REGULATIONS IN FORCE IN AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE “OTHER COUNTRIES” AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. PERSON'), AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH AN OFFER OR SOLICITATION WOULD REQUIRE THE APPROVAL OF LOCAL AUTHORITIES OR OTHERWISE BE UNLAWFUL (THE ' OTHER COUNTRIES'). PERSON AS THAT TERM IS DEFINED IN THE SECURITIES ACT (A ' U.S. If you’re not limited by the MPAA, you might be able to get tax relief on pension contributions on the lower of 100% of your earnings and £40,000 each year (the Annual Allowance).THIS WEBSITE (AND THE INFORMATION CONTAINED HEREIN) DOES NOT CONTAIN OR CONSTITUTE AN OFFER OF SECURITIES FOR SALE, OR SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OR IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR FOR THE ACCOUNT OR BENEFIT OF ANY U.S.

If you are affected by the MPAA, this means that the amount that you (and your employer, in a workplace pension) can contribute to your pension pots with tax relief applying is limited to £4,000 each year. If you take money out of a defined contribution pension pot above the 25% tax-free part, you could also be affected by the Money Purchase Annual Allowance (MPAA).

This 25% tax-free figure is often known as a pension lump sum and can be used to pay debt if you decide that is right for you.īut cashing in your pension to pay off debt might leave you with a large tax bill that you weren’t expecting, and the amount of tax you pay reduces what you’ll get from your pension pot. Usually, 25% of your pension is paid to you tax-free. Taking money from your pension can have an impact on how much tax you pay, and the tax relief that you get.

Drawdown debt