HMRC incorrectly refunds Class 2 NIC payments
Posted by Karen Jones on May 2, 2024A glitch in HMRC’s systems has seen some Class 2 NIC payments wrongly refunded . Also, HMRC launches a new National Insurance online service.
Death, Taxes and Change – are your nominations up to date?
Posted by Kevin Wheeler on April 15, 2024The two constant things in life are death and taxes. In this blog we look at the importance of keeping your nominations up to date.
Payroll outsourcing: is it worth it?
Posted by Jon Pryse-Jones on March 28, 2024As businesses grow, many start to look at outsourcing their payroll. We look at whether payroll outsourcing is worth it.
Pension tracing service – how to track down your old pension pots
Posted by Jon Pryse-Jones on March 18, 2024Trace your old pensions – in this day and age it’s very rare for many to stay in a job for life. We explain how to find your old pensions.
Pensions and tax – a great way to save!
Posted by Kevin Wheeler on March 13, 2024Pensions and tax reliefs go hand in hand and are the best way to provide for your retirement. We look at the options available from age 55.
Nominee Drawdown facility (NDF) – does your pension have one?
Posted by Kevin Wheeler on February 23, 2024Have you checked your pension plan recently? Here we look into pension arrangements with a “Nominee Drawdown facility” or “NDF”.
Contribute to your partner’s retirement and get pension relief
Posted by Jon Pryse-Jones on February 8, 2024Did you know that you can contribute to a partner’s or child’s retirement fund and get significant pension tax relief? We explain how.
State pension age to rise further?
Posted by Ben Locker on February 5, 2024Soon the state pension age will rise to 67. Yet new research suggests it will need to rise to 71 by 2050. When will you be able to retire?
HMRC repays £38m in pension tax
Posted by Karen Jones on January 29, 2024In the last quarter of 2023, the taxman repaid £38 million in overpaid pension tax. We help you understand whether you’re due a refund.
Pension tax relief – are you making the most of it?
Posted by Jon Pryse-Jones on January 18, 2024Even though the tax burden is the highest it has been since the Second World War, there’s still one generous tax break – pension tax relief.