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Forum: Military Aviation

9th Feb 2020, 16:44

Replies: 83

Pension Horror - Annual Allowance

Views: 43,967

Posted By Melchett01

I, along with a couple of friends, have all just...

I, along with a couple of friends, have all just received those letters and been faced with 5-figure bills for no reason other than going to work and being reasonably competent over the years.

If...

Forum: Military Aviation

9th Feb 2020, 16:33

Replies: 83

Pension Horror - Annual Allowance

Views: 43,967

Posted By Melchett01

Not sure about that. The tax charge is related...

Not sure about that. The tax charge is related to input amounts not tax relief. As we don’t receive tax relief on our pensions I think this affects private sector and SIPPs more. Where it will...

Forum: Military Aviation

11th Oct 2019, 18:24

Replies: 83

Pension Horror - Annual Allowance

Views: 43,967

Posted By Melchett01

I’ve just had a letter too. Ran it through the...

I’ve just had a letter too. Ran it through the calculator and it looks like I’m being stung for in excess of 10k tax bill. I suspect many heard the expletives in the next county.

I owe this for...

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