Should schemes tell HMRC of member AA charges?

Helen Morrissey
clock •

Annual allowance reductions mean more people will incur tax charges but how many members know this? Helen Morrissey looks at what schemes should do to help members meet their responsibilities.

At a glance Reductions in annual allowance mean more people will have to pay a tax charge.  In many case it is the responsibility of the member to pay the charge when filling out a self-asses...

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