UK High Earners Face Pension Trap by 2032

More than 600,000 high earners in the UK could be affected by a pension trap by 2032, with an additional 114,000 taxpayers potentially caught by the tapered annual allowance if thresholds remain unchanged.

25 Jul, 04:00 — 25 Jul, 04:00

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FTVery High17d ago

More than 600,000 UK high earners could be dragged into pension trap by 2032

If thresholds are not changed, 114,000 more taxpayers face being caught by the tapered annual allowance

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UK High Earners Face Pension Trap by 2032

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More than 600,000 UK high earners could be dragged into pension trap by 2032

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