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Thread: 2016 Pay Award
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Old 11th Mar 2016, 16:56
  #26 (permalink)  
Melchett01
 
Join Date: Sep 2004
Location: Darling - where are we?
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Also don't forget it's the Budget next week. Hot on the heels of the Chancellor's pension climb down, there are talks of the annual allowance bring cut further from £40,000 to £25,000, or even as low as £10,000 to make up for retaining tax relief.

If that happened, I can see senior flt lts and possibly some of the more senior NCOs & WOs incurring a tax charge. Best you don't spend any of your increase just yet ... just in case
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