Avoid big tax bill on pension savings

On 6 April 2014 the lifetime allowance for pensions will be reduced to £1.25 million from the current £1.5 million. The lifetime allowance is the amount individuals can build up in their pension fund without paying an additional tax charge. … Continue reading

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Pension tax relief

The government has said it will scrap existing plans to reduce tax relief on pension premiums, but what will replace these and how might it affect you? The scrapping of the plans for reducing the tax relief that high earners … Continue reading

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