Trevor is a member of a defined benefit company pension scheme. Which factor relating to his circumstances confirms that
Posted: Tue Mar 08, 2022 1:08 pm
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?
A. He is a member of an Employer Financed Retirement Benefit Scheme (EFRBS)
B. He is aged 61
C. His total annual earnings have never exceeded £110,000
D. His benefits include the maximum level of death benefit
A. He is a member of an Employer Financed Retirement Benefit Scheme (EFRBS)
B. He is aged 61
C. His total annual earnings have never exceeded £110,000
D. His benefits include the maximum level of death benefit