In this article we discuss the Personal Allowance Taper & Annual Allowance Taper – what you should be aware of and how to mitigate the impact. As is customary, from time to time, governments introduce new measures to increase the tax intake. From a tax on Candles in the 1780’s, the Window tax of the […]
Tag: Annual Allowance
Pension Annual Allowance Advice
Pension funding changes for high earners On 6th April 2016, we will see the introduction of new pension legislation in respect of the annual allowance; the annual limit on which pension funding may attract tax relief, subject to earnings. In recent years, the annual allowance has already been reduced by 84% from its zenith of […]