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The pension annual allowance trap

HMRC figures show that the pension annual allowance continues to help fill its depleted coffers but to the detriment of the taxpayer. How are your contribution levels looking?

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A change to the annual allowance taper

The thresholds for taper relief on pensions taxation have been increased, although highest earners face some negative changes. Now is a good time to review and potentially increase your pension contributions.

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Check your April pay slip

Your April pay may look much the same as March’s, but it is worth giving your pay slip a close look. If you are an employee, your April pay slip is always worth checking, even if you pay little attention to the other eleven you receive over a year.

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