Ultimately, the OAS clawback is an additional 15% tax on every dollar that you earn above the $81,761 threshold. For example, if you earned $94,761 during the “OAS year” from July 2023 to June 2024, the CRA would calculate that you earned $13,000 above the OAS clawback threshold....
are both interesting reads. From an SMCR+ perspective, Mr Woods referenced the recently announced consultation and proposed changes to the remuneration rules and deferral periods and the fact that the PRA are looking at reducing the deferral periods to make the UK less of an outlier internationally...