I'm paying 60% tax on a £5,000 pay rise: Will topping up my pension help?
I have some savings that I could use to put £5,250 into a pension. Would this reduce my earnings back to £100k and get me out of this tax trap? Richard Harwood of RBC Brewin Dolphin replies.
Brewin Dolphin Simon Lambert Tanya Jefferies Richard Harwood Office For Budget Responsibility Budget Responsibility
Source: thisismoney.co.uk