11th Feb 2016

Saving into a Pension?

Ideas range from a flat 20% relief for everyone (penalising higher rate taxpayers) to a totally new tax relief rate of 25% or 33% (benefitting basic rate taxpayers), to even more radical ‘solutions’.

It appears very possible that a higher rate taxpayer will get greater tax relief on any contributions made before the budget, due March 16th, than on any contributions after.