Want to make the most of your pension savings? You could claim up to 45% tax relief on contributions, plus carry forward unused allowances. Here’s how to boost your retirement pot with generous HMRC ...
Higher earners who need to claim the extra tax relief owed to them on personal pension contributions now have to follow new rules, after a crackdown by HMRC. From 1 September HMRC has made it tougher ...
Former pensions minister, Steve Webb, now a partner at Lane Clark & Peacock LLP, has offered five tips to minimise the impact ...
A flat rate of 30 per cent tax relief on pension contributions is “inevitable” in the next three to four years, a former pensions minister has said. Guy Opperman, who served in the role between 2017 ...
Some pension savers face a hit to the amount of money they can put into their pension without paying national insurance.
The higher rate for income tax currently applies when your income reaches £50,271, and you move into the additional rate when you earn £125,140 or more. Another factor to consider if your income is in ...
Protecting your pension wealth has scarcely been more important following Rachel Reeves' latest tax-grabbing Budget. Protect ...
At the Budget on Wednesday, chancellor Rachel Reeves announced major changes to salary sacrifice pension schemes. From April 2029, the amount of pay workers can contribute while still benefiting from ...
From a new limit on salary sacrifice schemes to changes to cash ISA rules, here are all of the measures Reeves announced that ...
About 7.7mn workers use salary sacrifice, according to government statistics. The Office for Budget Responsibility assumes employers will seek to pass around three-quarters of the additional cost to ...