There is talk in the that the budget will introuce a tax on the lump sum that was previously tax free(talk of 17%, I think?)
I know someone who is due to draw down anytime now and they were sent a letter by their broker that this may happen and that it may be advisable to draw down prior to Budget.
As a result, person signed up today.
Any thoughts?
I know someone who is due to draw down anytime now and they were sent a letter by their broker that this may happen and that it may be advisable to draw down prior to Budget.
As a result, person signed up today.
Any thoughts?