April 2009 - Pension payment update

Those with income over £150,000 and whose annual pension contributions exceed £20,000 or with irregular contributions exceeding £30,000 per annum will be restricted (from 22nd April 2009) to 20% tax relief where income exceeds £180,000 and tapering relief applying between £150,000 and £180,000.

Brooks Carling Accountants Limited