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Thousands could face ‘huge’ tax bills for failing to report pensions growth
Thousands of pension scheme members could face large tax bills for failing to report pensions growth on their tax returns.
Shared by CityAM
November 27, 2019
HMRC said today it was aware some individuals have not reported exceeding the annual allowance for pensions contributions, which currently stands at £40,000.
Read more at CityAM.