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Notional earnings cap

05 February 2010
Issue: 4242 / Categories: News , Income Tax , Investments
Final figure published

The notional earnings cap for 2010-11 will be £123,600.

This is the last year for which HMRC will publish a notional earnings cap figure.

Schemes which still need to know what the earnings cap would have been for tax years after 2010/11, will be able to calculate this themselves by using the method shown in TA 1988, s 590C.

Issue: 4242 / Categories: News , Income Tax , Investments
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