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Policy Paper Published 11 Mar 2020 HM Revenue & Customs ↗ View on GOV.UK

Pensions Tax Changes to income thresholds for calculating the tapered annual allowance from 6 April 2020

This Tax Information and Impact Note is about changes to the two income thresholds in calculating the tapered annual allowance and reducing the minimum tapered annual allowance.

▤ Verbatim text from source document

This measure announces an increase to the two income thresholds used in calculating the tapered annual allowance and decreases the minimum tapered annual allowance.