Changes to tax relief for high earners (May 2009)
The UK Budget 2009 introduced changes to the tax relief available to high earners, including a special annual allowance of £20,000. This is an important change which may impact on decisions you take about your pension saving in tax years 2009-10 and 2010-11.
Full details of the change can be found on the HMRC website.
Further information is also available in the document: Budget 2009 Tax Changes.