Originally Posted by
Leon Jabachjabicz
Oh, and for those that transition to the new RRP scheme they will also be "Quids In" as previously stated. I make it about £2k on average when you translate from the old rates to the new Tier 2 rates.
For those on enhanced rate it's only a £527 increase on transition, not £2k unfortunately. From Enhanced Rate (£16,973) to Tier 2, Rate 4 (£17,500).
As I am OCU+13y, I rather foolishly assumed I'd go onto the appropriate level of Rate 7 (£19,200), which is applicable from OCU+12y. Slightly miffed I'll join at Rate 4, which is applicable from OCU+9y.
Oh well
, now to take PAS or not?