Private pensions can be an efficient way to pass on wealth, but it is important to consider what, if any, tax will be payable on... Continue reading
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Category: Pension
The annual allowance for tax relief on pensions has been fixed at the current level of £40,000 since 6 April 2014. Since April 2016, the... Continue reading
The government has confirmed that they are to examine a number of different approaches to help encourage the self-employed to save for their retirement. The... Continue reading
A 'Check your State Pension age' tool is available at www.gov.uk/state-pension-age/y. The tool allows taxpayers to check the earliest age they can start receiving the... Continue reading
Automatic enrolment for workplace pensions encourages many employees to start making provision for their retirement with employers, and as a bonus, government also contributes to Continue reading
Anyone aged 16 or over and at least 30 days from their State Pension age can request a State Pension statement from the Department for... Continue reading
The annual allowance for tax relief on pensions is £40,000 for the current tax year. There is also a three year carry forward rule that... Continue reading