Ep - 27 Pensions royalty with Sir Steve Webb and Rachael Hall
Pensions royalty with Sir Steve Webb and Rachael Hall discussing, Why the government introduced the Tapered Annual allowance that has resulted in punitive tax bills for so many doctors? Did the government foresee the impact of the Tapered Annual allowance on the hard working staff of the NHS? How earning £5,000 cost one Consultant £13,500 ie PAYING to go to work. Whether the AA compensation scheme introduced for the 19/20 tax year should be extended to 20/21 to prevent those of us working long hours on the front line of the pandemic from receiving a pensions tax charge. What is auto enrolment, pensions freedoms and if your Mum drew her state pension prior to 2016 here’s is some important information for her Contact Rachael here https://www.medicsmoney.co.uk/accountant/sandringham-medical/ Use LCP Pension calculator here www.lcp.uk.com/underpaid