The Tapered Annual Pension Allowance

The tapered annual pension allowance for high net-worth individuals was in the headlines again recently.

During 2019/20, the tapered annual allowance will have a much larger impact on those affected. If you are a consistently high earner, you are unable to carry forward significant amounts of unused allowance from the years before the taper was introduced.

So what is the tapered annual allowance, and what effect does it have on those that fall within its charge? Read our article to see how it affects high net-worth individuals.