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Soo... The 2880 to 3600..... is now.... ? to £10k ???
sgx2000
Posts: 584 Forumite
By the way... I haven't thought this through yet...
So be gentle lol
So be gentle lol
1
Comments
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Soo... The 2880 to 3600..... is now.... ? to £10k ???
No.....no change on that AFAIK.
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That £2,880 figure is unchanged. The £2,880 figure is the amount you can contribute to your pension regardless of income & still get 20% tax relief.It's the MPAA that has changed from £4,000 to £10,000 - this is amount you can put in your pension after drawing on taxable income from your DC pension. You'd still need relevant earnings to be able to make that contribution.1
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Boo...
I really should have woke up before posting this... lol0 -
The £4K to £10K is part of the encouraging retirees back to work strategy, not a lot of point in encouraging them to stay retired at the same time
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