Don’t forget, from April 2016 the annual allowance tapered reduction begins

Category: Annual Allowance & pensions & Tax & Uncategorized

Think back to the Chancellor’s budget proposals in July last year, and you may remember an announcement about changes to the annual pension allowance. Well, that change is set to come into effect at the start of the new tax year on 6th April 2016. It therefore seems like a good idea for a bit of a refresher on what those changes are and what they potentially mean for you.

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