更新及補充: 1. 片中的Google Sheet. 只作參考，不保證完全正確。只有Viewer權限。請自行 Make a Copy (File => Make a Copy) SIPP Annual Allowance 計算機 docs.google.com/spreadsheets/d/1PyaaPHweyw_4-KTdqNAjIWkXif9zRqOJn_YcYM4-Aj0/edit?usp=sharing
Thx Small fish ba, your explanation is amazing. What is your opinion of this SIPP account? As I know only the first 25% is free tax when u withdraw, and the money is locked up until 50+. Is it still worthy to do it?
I am not a tax or financial adviser. The following is purely my personal understanding, not professional advice 👇 Hi Emily. It really depends on the individual's financial circumstance. If there are many years until retirement age, the investment in SIPP is likely to growth bigger than that in ISA because of the tax relief. Even though the 75% of it will still be taxed, high earner can exempt from 40% or even 45% of income tax when they put money into SIPP but when they take the money out in the future, they'll probably have less income at that time and most people will spread their withdrawal over many years so they will only pay the basis rate (20%) tax even if they need to. So that's another 20/25% tax saving. However, you are so right. The money is locked up for a long time. If you have sudden need of money or a medical condition that is not serious enough to get exemption from earlier withdrawal penalty, you can't use that money.
Does the gross pension pot include the contribution to the work pension? Say I have contributed the work pension around 1000 pound, does it include in the gross contributions too?
I am unemployed and a full-time housewife. If I open the SIPP account, can I pay every month £240? How do I open an account? What company wesbite can set up the SIPP account? Thanks, Ying ❤🙏.
I am not a tax or financial adviser. The following is purely my personal understanding, not professional advice 👇 Hi Ying. Yes, you may contribute up to £2,880 (before tax) per tax year, so after hmrc top-up, it would become £3,600. Whether you contribute 240 monthly or 2880 a lumpsum does not matter. For a SIPP provider comparison, you may watch my video below. I talked about the pros and cons of 9 popular SIPP providers. 2024年SIPP供應商大比拼：誰是你的退休規劃贏家？ th-cam.com/video/SPnNaqRXnBM/w-d-xo.html
更新及補充:
1. 片中的Google Sheet. 只作參考，不保證完全正確。只有Viewer權限。請自行 Make a Copy (File => Make a Copy)
SIPP Annual Allowance 計算機
docs.google.com/spreadsheets/d/1PyaaPHweyw_4-KTdqNAjIWkXif9zRqOJn_YcYM4-Aj0/edit?usp=sharing
thanks for the video and google doc, now i learn more about SIPP again!:)
睇咗小魚爸你的幾個video, 資訊十分實用，英國這麼複雜的稅制，你好用心做資料蒐集，很盡力講解，跟大家分享，十分欣賞，我會繼續睇你的channel ，支持你😁
謝謝你, May
多謝你小魚爸，解釋得非常清楚。跟你之前兩段片介紹，之後再上網做功課，我和丈夫上星期開咗SIPP戶口，我哋上年下旬開工，時間啱啱好。雖然D錢唔可以隨時拎出嚟用，但可以減税，即時感覺心中富有😂，亦有個方向安排將來稅務事宜。謝謝你😊
唔洗客氣。 知道你睇完片有實際行動真係好開心😊
你好小魚爸，很多謝你的片， 真的很有幫助！
請問你知否 如果SIPP供款by mistake起過tax relief上限、 而HMRC已經credit戶口全數tax relief的金額， 應怎樣退回超額tax relief 的款項給HMRC? Service provider 只通知超過上限， 並沒有講要怎樣退回exceed tax relief 部分比HMRC, 唔知有無人有經驗， 謝謝!
小魚爸，我有一些問題想請教一下。我在22/23年做過一份短期工和供咗NestPension(不足&100)。想知道今年才開SIPP戶口，是否可以合資格供返前3年（22/23和23/24）。謝謝你😊
本人並非稅務或財務專家，以下純粹我個人理解，非專業意見 👇
簡單答案係唔可以。因為唔係"供返"前3年。而係如果你今年收入超過SIPP Annual Allowance，而你又想供多過呢個數，你可以用前3年嘅carry forward嘅allowance去令你可以供超過今年allowance但仍然免稅。
小魚爸會唔會講解一下點樣係self assessment度關於pension contribution個一欄點樣填。麻煩晒🙏🏻
Your explanation is extremely amazing. It is clear and easily to be understood.
Glad it was helpful!
重覆睇咗幾次整條video, 終於明白HMRC 真係想鼓勵市民要每年都要努力工作，賺多啲”relevant earning “, 先可以蓄到carry forward tax relief allowance😂
小鱼爸，多谢你的详细解释。解释得非常清晰。我一路有看你的youtube. 有一个问题想请教一下。 如果我把超过sipp allowance 的资金投资在SIPP， 是不是好过放在trading account. 虽然超过 SIPP allowance 的 contribution 没有tax relief , 但是有25% tax free withdraw and not CGT and income tax. 谢谢
本人並非稅務或財務專家，以下純粹我個人理解，非專業意見 👇
Hi Jane。 你呢個問題好有意思，我之前都無諗過。我做咗一個簡單嘅計算，發覺以現時嘅稅率，超額放入SIPP係無著數。因為提款時非免稅部份要交 income tax，而 income tax 稅率高於CGT (Basic Rate)。 但如果將來CGT 增加或稅階是additional rate，都會令 CGT 同 Income tax 嘅稅率差收窄。 結果係長線如30年以上開始，超額放入SIPP的扣稅後所得金額便會開始較高。
唔該晒小魚爸，請問呢個入哂formula 嘅excel sheet, 可唔可以share 俾我哋呀？
可以。放咗喺至頂留言。只作參考，不保證Formula 完全正確。
Thank you for sharing this useful document for reference.
多謝分享，講解得好清晰，齋睇HMRC,真唔會明白
😊
Thx Small fish ba, your explanation is amazing. What is your opinion of this SIPP account? As I know only the first 25% is free tax when u withdraw, and the money is locked up until 50+. Is it still worthy to do it?
I am not a tax or financial adviser. The following is purely my personal understanding, not professional advice 👇
Hi Emily. It really depends on the individual's financial circumstance. If there are many years until retirement age, the investment in SIPP is likely to growth bigger than that in ISA because of the tax relief. Even though the 75% of it will still be taxed, high earner can exempt from 40% or even 45% of income tax when they put money into SIPP but when they take the money out in the future, they'll probably have less income at that time and most people will spread their withdrawal over many years so they will only pay the basis rate (20%) tax even if they need to. So that's another 20/25% tax saving. However, you are so right. The money is locked up for a long time. If you have sudden need of money or a medical condition that is not serious enough to get exemption from earlier withdrawal penalty, you can't use that money.
好多謝小魚爸好用心做好多功課先出到條片.
請問下屋企有長老係60歲以上只有銀行利息收入,
1) 是否每年只可入$2880.-
2) 另外他要到幾時先可以開始攞錢?
3) SIPP Provider 執粒政府有無保障? Thank you!
本人並非稅務或財務專家，以下純粹我個人理解，非專業意見 👇
Hi Agi Ak。謝謝你收睇。
1) 可以
2) 理論上55歲就攞得錢。所以如果長老係60歲, 入咗錢隨時可以攞。但係如果佢每年都入錢攞 tax relief跟住又攞錢出嚟，我唔知會唔會觸及到 pension recycling。
3) 我在片中提到嘅ISA provider 都有FSCS保障
@@SmallFishBa 有關 (2) 呢條問題. 當連續5年無攞錢, 到第6年攞25%, 同年又入$2880.- 咁會唔會中 pension recycling?
另外請問如果長老過幾年不住英國回香港, 考慮用 Vanguard 套現後可唔可以將錢轉到香港銀行收錢?
Thanks for sharing !!!
my pleasure.
好詳細呀，不過我都唔明，我要聽多好多次😂
呢個的確係比較複雜。
Does the gross pension pot include the contribution to the work pension? Say I have contributed the work pension around 1000 pound, does it include in the gross contributions too?
I am not a tax or financial adviser. The following is purely my personal understanding, not professional advice 👇
Yes, it does.
@@SmallFishBa Thanks you so much!
清楚得嚟有數字會易明些。雖然都不能夠完全通，但最低限度也有些信心去開戶，請問邊間信譽好？
上集有做SIPP Provider 比較. 條片好長。無時間可以用Timestamp 有興趣部份
2024年SIPP供應商大比拼：誰是你的退休規劃贏家？
th-cam.com/video/SPnNaqRXnBM/w-d-xo.html
你好小魚爸，我想問如果我喺香港有一筆資產（阿媽用我個名開嘅戶口，但係我唔用得😅），呢一筆資產亦都唔會轉過嚟英國，咁樣使唔使交稅/報海外資產？ 🤔🤔
本人並非稅務或財務專家，以下純粹我個人理解，非專業意見 👇
Hi ika. 如困你唔係用緊匯入制，唔香港嗰筆資產如果有收入(如利息) 係要報稅，無論你匯唔匯啲收入嚟英國都要。 需唔需要交稅視乎你收入同免稅額而定。 個戶口係你名下，稅就係你負責。用唔用到筆錢只係你同伯有嘅私下協議。
I am unemployed and a full-time housewife. If I open the SIPP account, can I pay every month £240? How do I open an account? What company wesbite can set up the SIPP account? Thanks, Ying ❤🙏.
I am not a tax or financial adviser. The following is purely my personal understanding, not professional advice 👇
Hi Ying. Yes, you may contribute up to £2,880 (before tax) per tax year, so after hmrc top-up, it would become £3,600. Whether you contribute 240 monthly or 2880 a lumpsum does not matter. For a SIPP provider comparison, you may watch my video below. I talked about the pros and cons of 9 popular SIPP providers.
2024年SIPP供應商大比拼：誰是你的退休規劃贏家？
th-cam.com/video/SPnNaqRXnBM/w-d-xo.html
@@SmallFishBa thanks 🙏
多謝小魚爸幫手做咗咁多功課🙏但我想請問如果冇返工，只有租金及利息收入，呢啲算唔算係earning income? 每年又可以最多放幾錢入SIPP account呢？唔該晒🙏
本人並非稅務或財務專家，以下純粹我個人理解，非專業意見 👇
租金(長租非Bnb)同利息都唔係 Relevant UK Earnings。所以每年最多只可以入稅後 2880。
明白，多謝你回覆❤
如果有時間，可唔可以有一集講解一下class 3 voluntary pension點操作？多謝你先🙏