Higher rate taxpayers should talk to us now
If you are a higher rate taxpayer it may be prudent to talk to us sooner rather than later about your retirement planning provision, following remarks made by the government’s pensions spokesman, Lord McKenzie. He refused recently to allay the concerns of individuals earning below £150,000 that they may also see their ability to claim income tax relief on pension contributions restricted by lowering still further the threshold announced during Budget 2009.