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Is a pension bought with ones own money taxable
Comments
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Thanks to you all for your helpful replies
AK0 -
Dazed_and_confused wrote: »And the Personal Allowance is going up to £12,500 from April 2019 which I suspect is a much bigger increase than your pension income will go up so it's getting closer to the point where having all 3 pensions could still be within the Personal Allowance.
Of course the PA might be held at £12,500 going forward but it does usually increase each year.
I think the Budget linked it & higher rate starting point to inflation going forwards - CPI I assume but don't know specific details.0
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