Pension lump sum rules hit hard
Posted by Jon Pryse-Jones on December 12, 2024If you have recently taken a tax-free pension lump sum and wish to return it, HMRC has confirmed that you may face penalties.
Want to top up your state pension – time is running out!
Posted by Jon Pryse-Jones on October 17, 2024If you want to top up your state pension by buying back missing NI years from 2006, act quickly – especially if you can’t do it online.
State pension National Insurance contributions – have you paid enough?
Posted by Jon Pryse-Jones on October 3, 2024Have you made enough state pension National Insurance contributions to qualify for the full pension? If not, help is at hand.
Do you qualify for a state pension increase?
Posted by Jon Pryse-Jones on September 23, 2024If you claimed Child Benefit before 2000, there’s a chance you may qualify for a state pension increase. We explain how this works.
State pension increase of £460 in 2025?
Posted by Jon Pryse-Jones on September 17, 2024A state pension increase of 4% could give some recipients an extra £460 – but some could get drawn into income tax for the first time.
Furnished holiday lets – tax changes in detail
Posted by Jon Pryse-Jones on August 19, 2024Government has now provided details about how it will change the tax rules for furnished holiday lets. We take a close look at the proposals.
Pension Schemes Bill – what it means for your retirement
Posted by Kirsty Demeza on July 29, 2024In July 2024, the government announced a new Pension Schemes Bill. We look at the proposals and what they mean for pension savers.
Got a pension? HMRC may owe you £3000+ in overpaid tax
Posted by Karen Jones on July 26, 2024If you have taken money from your pension pot, there’s a chance that HMRC could owe you over £3,000 in overpaid tax.
Not claiming Child Benefit? You could be damaging your state pension
Posted by Karen Jones on July 24, 2024If you are in the High Income Child Benefit Charge bracket, not claiming child benefit can be a costly mistake as you maybe putting your state pension at risk.
Money Purchase Annual Allowance (MPAA) – watch out for the pension tax trap!
Posted by Laurence Sanderson on July 12, 2024Money Purchase Annual Allowance (MPAA) – you will need to take this into account when assessing the tax relief available on pensions.
