Alan Morahan: What kind of retirement can Santa expect?

Unlike many other celebrities, Santa is an all-round good guy who has resisted the temptation to use his Lapland base as a tax haven. He has taken the decision to be fair to everyone, so he pays tax on the income he earns in all the countries where he does business. In short, you will not be reading about Santa in the Paradise Papers … Still, while this means he hands over a chunk of his income to HM Revenue & Customs (HMRC), he can mitigate his tax bill by investing in a pension, which comes with tax relief on his contributions. The contributions Santa makes into his pension scheme a...