Money for old rope

Current tax relief rules enable investors to achieve up to £500 tax relief by putting £1,000 of shares into a Sipp

It might be time to dust of those tattered old share certificates in the bureau drawer, they may be worth something after all. A 'Bed and Sipp' lets investors use a £1,000 share certificate to get up to £500 tax relief - well it does at the moment anyway. We know taxation is going to rise, so it is all the more important to use the tax relief on pension contributions while it is still as generous as it is right now. It would be reckless, unfair and arguably unworkable for the Government to change the tax relief available on pensions, but that is no guarantee it will not do so. This po...