Donald Bacon

Hello, Many thanks for your response, however this is not clear as far as SRFS calculations. Does SRFS use the adjusted net income from this link? https://www.gov.uk/apply-tax-free-interest-on-savings does not indicate "Adjusted personal allowances" it states "Wages" Many thanks

I notice in the latest Budget that inheritance tax will now be charged on any remaining funds within a pension. How does this tally with all transaction between husband and wife being free of tax? I can understand it you're trying to pass on to your descendants, but not to your wife.

Dear Sir, I'm hoping that you can clarify the options with the SRFS and pension contributions. If I'm paid £11K pa from my employer of which £1K is sacrificed for my pension, would I use £10K as my income when calculating my SRFS allowance? Similarly, if I also receive an income from a rental property, circa £5K pa, I understand that this is counted as general income for the purpose of SRFS calculations. If I was to make a direct, Lump sum, contribution to my pension and claim back any 20% tax due, would this pension contribution lower my income for the purpose of SRFS calculations? Many thanks