Friday April 3, 2020

Significant changes to tax relief on pensions

New limits on tax-exempt contributions will hit the well-off hardest, writes Dick O’Brien

24th January, 2009

This year’s budget brought in a number of changes to the tax treatment of pensions and, while the budget itself was announced as far back as October, the new measures will become apparent only when people receive their first pay slips of 2009 at the end of this month.

High earners or those making large pension contributions are likely to be most affected by the changes, and anyone in this category should review their...

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