Glossary entry

English term or phrase:

Tax-wrapped pensions

Russian translation:

индивидуальный пенсионный счет, защищенный от налога

Added to glossary by Rikki-Tikki
Nov 16, 2020 11:38
3 yrs ago
9 viewers *
English term

Tax-wrapped pensions

English to Russian Bus/Financial Law: Taxation & Customs British taxation
Tax-wrapped pensions and  individual savings accounts  (Isas) are safe from capital gain tax, so advisers urge savers to use up any unused allowances available.

Proposed translations

1 hr
Selected

индивидуальный пенсионный счет, защищенный от налога

Налог (включая основной налог) не взимается.
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59 mins

пенсионный сберегательный счет с возмещением налога

https://www.moneymagpie.com/manage-your-money/what-is-a-tax-...

A tax wrapper is a type of tax break that individuals can wrap around their investments to shield them from paying some, or all of the tax on it. The two most common tax wrappers that you come across every day are pensions and ISAs. Both of these offer generous tax benefits that everyone is entitled to. The more you deposit into them (up to the allowance limit), the greater the rewards you see.
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