Are you ready for the end of the 2023/24 tax year?
Read morePension
Implications for businesses amid soaring pension tax relief
Recent statistics reveal a significant increase in the amount of annual pension tax relief, exceeding £50 billion for the first time.
Read moreBeneficiaries could see inherited pensions taxed as new proposals by HMRC are published
Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA).
Read moreHow will the changes in the Spring Budget change pensions?
During the 2023 Spring Budget, the Chancellor announced changes to pensions, which may alter the way you save for retirement.
Read moreHow the Spring Statement will affect businesses and individuals
The Chancellor’s Spring Statement has attracted a mixed reaction, with some tax changes going ahead, some promised later and a hoped for move on VAT in the hospitality sector not appearing.
Read moreChancellor to lay out plans in October Budget and Spending Review
The Chancellor of the Exchequer, Rishi Sunak, is expected to announce that the Government will be pumping extra billions into the economy when he sets out details of the Budget and Spending Review on October 27.
Read morePension savers hit hard by lifetime allowance taxation
Pension savers have been hit hard by tax charges, according to the latest Government figures.
Read moreWorkplace pension re-enrolment – how does it work?
Almost all workers should now be enrolled into a workplace pension under the Automatic Enrolment scheme. But as the employer, your legal duties do not end there.
Read moreGender pay gap – what does this mean for pensions?
Research suggests that the average woman in her twenties today will retire with £100,000 less in her pension than her male peers.
Read moreYear-End Tax Planning – why it’s vital to be prepared
The clock is ticking towards the end of the tax year on 5 April 2021 and it is important that you utilise all of the available tax reliefs and allowances before the new tax year in order to minimise your liabilities.
Read more