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Pension rules ‘cause confusion’ for higher earners

Tapered allowance applies to individuals earning over £150,000.

Over-65s face social care timebomb

ABI proposes tax exemptions to support self-funding.

Tax receipts increased by 4.8% in 2018/19

Almost £623 billion was collected last year.

Over-60s earnings income on the rise

Employment rates for older individuals ‘likely to continue rising’.

Tax gap rises to £35 billion

‘Failure to take reasonable care’ is the biggest factor in unpaid tax.

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