Last Updated on January 29, 2022 by Admin 2
Trevor is a member of a defined benefit company pension scheme. Which factor relating to his circumstances confirms that he will avoid incurring a special annual allowance charge in the current tax year?
- He is a member of an Employer Financed Retirement Benefit Scheme (EFRBS)
- He is aged 61
- His total annual earnings have never exceeded £110,000
- His benefits include the maximum level of death benefit