Rules restricting tax relief on pension contributions for people earning over £150,000 are 'fiendishly complex' and will result in unexpected bills, Hargreaves Lansdown has warned.
The tapered annual allowance for high earners came into effect in the 2016/17 tax year meaning high earners who have inadvertently overpaid will face surprise tax bills as they file returns by 31 January....
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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Alongside Barrett, Boston, Hopkins and Thorman on 17 October