Half of people are unaware paying more into your pension can reduce your income tax bill and unlock other important savings, new research reveals.
If you can afford it, boosting your pension contributions can make you richer in retirement and also keep your taxable income below other key thresholds.
It can push you into a lower income tax bracket, which matters when thresholds are frozen until 2031 and more people are being dragged into paying bigger bills.
And if you are a higher earning parent, it can allow you to carry on receiving child benefit or free childcare hours.
If your employer offers a salary
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