Changes in State Pension age
The State Pension age is currently 66 and two further increases are set out in legislation: a gradual rise to 67 for those born on or after April
Auto enrolment for care workers
Automatic enrolment for workplace pensions has helped many employees make provision for their retirement, with employers and government also
Pension triple-lock abandoned for one year
The government has confirmed that its triple-lock guarantee on pensions is to be abandoned for one year. The guarantee was first introduced in 2010
Covering pension contributions with unused allowances
The annual allowance for tax relief on pensions is currently set at £40,000. The annual allowance is further reduced for high earners. This means that
What is net income for pension relief purposes?
The lifetime allowance is the maximum amount of pension and/or lump sum that benefits from tax relief. The lifetime allowance is currently set at
Tax relief for pension contributions
The decision of the Chancellor, Rishi Sunak to increase the tapered annual allowance thresholds in the Budget earlier this month will have been
Last chance for pensions relief?
There has been much press speculation that the Government is considering cutting higher rate tax relief for pension contributions in the March Budget.
Carry forward unused pension tax allowance
The annual allowance for tax relief on pensions is currently set at £40,000. The annual allowance is further reduced for high earners. If your
Top up your pension pots
You can claim tax relief for your private pension contributions. The current annual allowance for tax relief on pensions is £40,000. Remember,
Tax relief for private pension contributions
You can claim tax relief for your private pension contributions. The annual allowance for tax relief on pensions is £40,000 for the current tax