July 2015 Budget - what does this mean for you
10th July 2015
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Those earning over £150,000 a year ought to contact us asap! Two bites at Annual Allowance as Pension Input Periods are aligned with tax years from 2016.

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Other pension news

Lifetime allowance: The proposed reduction in the lifetime allowance from £1.25M to £1M will go ahead as planned from the 2016/17 tax year. It will be indexed in line with CPI from 2018/19. Details are awaited of a new transitional protection option for those with existing pension savings already over £1M who would otherwise face a retrospective tax hit.

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The details provided in this email are for information only and do not constitute personal advice.

Kind Regards

Ed Fairey BSc (ECON) Hons, APFS, CeMap
Chartered Financial Planner & Managing Director

Telephone: 0845 319 0005
Fax: 020 7160 5265
Web: http://www.faireyassociates.co.uk/
For details of our offices see www.faireyassociates.co.uk/offices.html

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Thomas B

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Hi I'm Tom Bosher

I run thebestofchelmsford and am passionate about helping the independent businesses in Chelmsford thrive and achieve their goals.

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