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What is the Personal Allowance Trap and how do you get out of it?

Author Image Mark Devlin Technical Manager
11 minutes read
Last updated on 18th Aug 2021
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What is the Personal Allowance Trap and how do you get out of it?

11 minutes

A look through how the personal allowance trap works, and how pension contributions can generate high rates of effective tax relief. As well as looking at intergenerational planning to alleviate IHT issues to assist those in this trap.

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