High earners & pension contributions

There should be far fewer people impacted by the tapered annual allowance in this tax year than in previous tax years due to the generous increases in 2020’s Budget. However, if you were not in a position to increase your pension contributions after the 2020 Budget you may find your reduced spending this year has made this more likely, so it may be worth getting in touch with your adviser to review your pension contributions.

Henderson Stone Asset Management Ltd
Suite 3/1, Herbert House
26 Herbert Street
Glasgow G20 6NB

0141 352 7800 | 0141 729 8500

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Henderson Stone Asset Management Ltd is registered in Scotland. Company Number: SC585359. Registered address: Suite 3/1 Herbert House, 26 Herbert Street, Glasgow, Scotland, G20 6NB.