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Don't Lose Your 2021/22 Personal Allowance
For every £2 that your adjusted net income exceeds £100,000 the £12,570 personal allowance is reduced by £1.
Pension contributions and Gift Aid can help to reduce adjusted net income and save tax at an effective rate of 60%.
The restriction applies between £100,000 and £125,140 adjusted net income.
Please contact us if you would like help on the above.
Please note that this is correct as of the 24th Feb 2022.