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Tax rates

Relationship with the psa pension payments

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8f basic rate band extended by payments to pension to take out of higher rate,  does it have any affect on PSA, bands ie £1000, or £500? Which should it be.

 Simplified tax system? 

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By Accountant A
17th Jun 2019 20:35

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By Jholm
18th Jun 2019 08:18

Depends on their final tax rate, 0%, 20%, 40% or 45%.....

So if they are out of higher rate, £1,000......

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