Tom Selby

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Last quote by Tom Selby

The lifetime allowance has been 'salami sliced' in successive cuts to the point where it isn't just an attack on savings incentives for the ultra-rich. While £1m might sound like a lot of money, for a 65-year-old couple it buys a 'joint-life' inflation-linked annuity worth around £21,000 a year. A healthy income but not one you'd associate with being a millionaire. At this level, the lifetime allowance feels like an extremely low bar to set if the aim is to turn Britain into a nation of strivers and savers.feedback
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Sep 23 2017
Tom Selby has most recently been quoted in an article called Up to 200, 000 savers have paid too much tax on pension withdrawals. Tom Selby said, “Thousands of people who think they are using the new regime sensibly will have been hit with shock bills, and this will continue unless HMRC rethinks its draconian application of 'Month 1' tax.”. Tom Selby has been quoted a grand total of 4 times in 4 articles.
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