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Insights from the Charles James team

Pensions, Tax YouSay Social Pensions, Tax YouSay Social

Changes to Pension Tax Relief

With the announcement of the emergency budget on July 8th, there are expected to be many changes to a number of financial legislations. One expected change is to the way tax free allowance is structured. Pre-election, the Conservative manifesto included details about how high earners’ tax relief would be decreased in order to fund an inheritance tax allowance increase of up to £1 million. 

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