An estimated 1.75 million people are missing out on £60m in tax relief on their pension contributions in 2019/20 as the so-called net-pay anomaly continues, Royal London has estimated.
The figure was calculated after the insurer put forward a Freedom of Information request to HM Revenue and Customs. The tax office's response showed 1.33 million people earning below the personal allowance...
Emphasises the importance of advisers
From 6 April 2020
Following M&G suspension
No change in the 'near term'
UK goes to the polls on 12 December
Over the course of this week Professional Adviser has revealed the majority of the shortlists for our 2020 PA Awards, the winners of which will be announced at a black-tie dinner in February.
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