Tax Burden on High Earners

The gradual withdrawal of the personal allowance for those with incomes of £100,000 or more, and the restriction of higher rate tax relief for pension contributions for those with incomes of more than £150,000 (from April 2011) will increase the tax burden on higher income earners giving a marginal rate of tax for some of 60%. The transitional provisions on pension relief have immediate effect particularly for those who usually pay significant annual contributions.

Please use the form below to send us an email:

Name (required, at least 2 characters)

E-Mail (required)

Phone (optional)