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....
UK economy falters
More launches planned for 2019
£50,000-plus 'earned' from steelworkers
'Not convinced of merits'
Later Life Adviser Conference