Marginal Deduction Rates For Personal Accounts - will you be hit by them?
Sorry guv,
what’s that I hear you say?
What do you mean - you don’t know what Marginal Deduction Rates are?
Don’t worry, there’s a whole swathe of fine upstanding UK citizenry who feel lost in a fog of rising gloom when asked the same thing. However, if you plan on retiring at some point then let’s try to clarify this aspect surrounding the new auto-enrollment Personal Accounts which will soon be a feature of modern retirement here in the UK, like it or no.


