Hi
My firm is offering voluntary retirement with a potential package of £65k . The first £30k is tax free, I understand, but would welcome advice about how to deal with the balance in the most tax-efficient way. I am in the company DC pension scheme (via salary sacrifice) and have been overpaying AVCs to keep my tax bill in the 20% bracket. Assumed departure 31 July 20 so not much time to act. Should I seriously ramp up pension contributions to offset tax bill, given that it's early in the financial year and I won't be there to hit the £40k threshold for contributions? Any other thoughts, advice most welcome. Many thanks.
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