Confusion around annual allowance taper could 'cost savers thousands'

clock • 2 min read

Pension savers may miss out on thousands of pounds in tax relief due to confusion around the annual allowance taper rules implemented earlier this month.

A tax relief cut for high earners, in the form of the annual tapered allowance, was announced in the summer Budget 2015 and came into force on April 6 this year despite consternation from the indus...

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