Tax Planning High Earner Get Personal Allowance Back

Published / Last Updated on 06/03/2014

End of Year Tax Planning 2014 - If you earn over £100,000 then for every £2 over you lose £1 of your personal allowance.If you have lost all of your personal allowance consider making a pension contribution, this has the effect of reducing your salary. If the contribution brings you below £100,000 then you get all of your personal allowance back.

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