Laws and tax rules may change in the future and your client’s personal circumstances also have an impact on tax treatment.
Dave Downie is technical manager at Standard Life
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Key Points
Funding one’s pension is the question facing an increasing number of pension savers in danger of breaching the LTA when it drops to £1m this year
It could still make sense for a saver to continue their own funding and take the LTA charge on the chin to retain the funding from their employer
What really matters, though, is what you might get back after all taxes have been deducted.
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