From April 2011, the annual allowance for tax relief on pensions is to be slashed from £255,000 to £50,000. Lifetime pension savings receiving relief are to be reduced from £1.8m to £1.5m also. An individual can save as much they like, if you are earning £75k you can put £75k into your pension if you so [...]
Thursday, October 29, 2009
Can you be sure as a pensioner that you have been correctly taxed? Not so, according to the National Audit Office.
Wednesday, August 19, 2009
Tax reflief on pension savings for people earning more than £150,000 will be tapered down until it is 20% from 6 April 2011.
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Thursday, October 14, 2010
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