Higher earners failing to claim full pension tax relief - Pru

The provider said the average higher rate taxpayer is missing out on £1,255 a year in pension tax relief. Prudential said this mounted up to about £229m going unclaimed, with an estimated 182,500 taxpayers affected. The company also claimed the figure could be higher as an additional 15% of higher rate taxpayers with defined contribution pension schemes do not know whether than claim their full relief. It urged higher earners to check whether they are claiming their full entitlement and investigate if they have missed out in the past. Those who fill in an annual tax return can make...