Complex tax system increases lifetime and annual allowance breaches
6 October 2021
A “highly complex” tax system is catching out an increasing number of people, Quilter has warned. Figures from HM Revenue & Customs found that more savers were putting money into their personal pensions than ever before prior to the pandemic, with £31.3 billion put aside in 2019 to 2020, up from £27.9 billion in...