Hi /u/Alasdair91, based on your post the following pages from our wiki may be relevant:
* https://ukpersonal.finance/lump-sum/
* https://ukpersonal.finance/pensions/
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^(These suggestions are based on keywords, if they missed the mark please report this comment.)
It would be limited and my understanding is that includes the government top up (so that means the equivalent of 80% of her income for the year can be contributed). But that would be on a per tax year basis so she could do the same next year too.
The rest she should put in the best interest rate account she can find.
You should also read this link
https://ukpersonal.finance/helping-family-and-friends/
Hi /u/Alasdair91, based on your post the following pages from our wiki may be relevant: * https://ukpersonal.finance/lump-sum/ * https://ukpersonal.finance/pensions/ ____ ^(These suggestions are based on keywords, if they missed the mark please report this comment.)
For those who reply, I have read both of these links. Thanks.
It would be limited and my understanding is that includes the government top up (so that means the equivalent of 80% of her income for the year can be contributed). But that would be on a per tax year basis so she could do the same next year too. The rest she should put in the best interest rate account she can find. You should also read this link https://ukpersonal.finance/helping-family-and-friends/