Heathrow Harry,
I'm well aware of the role of fiscal drag in being a nice little earner for HMRC, but surely definitely something not right here if even by the Governement's own admission the tapered annual pensions allowance
will restrict pensions tax relief by introducing a tapered reduction in the amount of the annual allowance for individuals with income (including the value of any pension contributions) of over £150,000 and who have an income (excluding pension contributions) in excess of £110,000
On that basis I can't see how any sqn ldr who hasn't been promoted and has only had 1% rather than inflation busting pay rises can fall into this bracket. Hence my questions as to whether anybody else has experienced this and how accurate are Veterans UK with a calculator!