Emergency tax on pension withdrawals – how to claim it back
Posted by Jon Pryse-Jones on April 27, 2023The amount of emergency tax paid on pension withdrawals since 2015 is now over £1bn. We explain how this tax works and how you can reclaim it
Pensions and IHT – could you now save more tax?
Posted by Jon Pryse-Jones on March 23, 2023Thanks to recent rule changes, it’s now possible to look at pensions and IHT in a different light – and protect more of your money from IHT.
Budget pension changes and how to make the most of them
Posted by Jon Pryse-Jones on March 21, 2023In the Spring Budget 2023, Chancellor Jeremy Hunt announced a raft of pension changes. We look at how you can make the changes work for you.
Pension top up – must be paid by 5th April!
Posted by Jon Pryse-Jones on March 13, 2023It’s always a good idea to review your pension contributions and consider whether it would be beneficial to do a pension top up before the end of the tax year on 5th April.
State pension top up deadline extended
Posted by Jon Pryse-Jones on March 9, 2023You now have until 31 July 2023 for a state pension top up that involves buying ‘missing’ years of NI contributions dating back to 2006.
Pensions annual allowance – are you one of thousands facing an unexpected tax bill?
Posted by Kevin Wheeler on February 20, 2023Pensions annual allowance – we explain what this allowance is and why it is important to check that you are not overpaying into your pension.
Pension re-enrolment – so you thought auto enrolment was all over……..?!
Posted by Kevin Wheeler on January 6, 2023Pension re-enrolment – so you thought that auto-enrolment was all over? Here are two scenarios that you will need to watch out for.
State pension National Insurance contributions – have you paid enough?
Posted by Jon Pryse-Jones on November 3, 2022Have you made enough state pension National Insurance contributions to qualify for the full pension? If not, help is at hand.
Got a pension? HMRC may owe you £3000+ in overpaid tax
Posted by Karen Jones on August 1, 2022If 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 August 1, 2022If 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.
