HMRC

Displaying items by tag: HMRC

Tuesday, 31 July 2018 16:00

Record £2.3bn withdrawn under Pension Freedoms

A record £2.3bn was taken out of pensions pots under Pension Freedoms rules in the second quarter of 2018, HMRC figures have revealed.

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Friday, 04 May 2018 11:10

Time to sort out pension withdrawal tax mess says Steve Webb

Royal London director of policy Steve Webb has called for an end to what he called the “absurd” way pension withdrawals are taxed.

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Wednesday, 18 April 2018 15:10

HMRC takes down inaccurate pension tax website

HMRC has taken down a web page, which allows users to check how much money they can put into a pension, after “blunders” were spotted by tax experts at Royal London.

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Friday, 16 March 2018 12:41

Sipp firm’s HMRC victory ‘not end of the story’

Sipp experts have warned that a provider’s legal triumph in its battle with HMRC over in specie contributions is “not the end of the story”.

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Thursday, 15 March 2018 13:47

Sipp provider wins legal battle with HMRC

A Sipp provider has won its legal battle with HMRC over in-specie contributions.

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Wednesday, 31 January 2018 18:22

HMRC income withdrawal taxation 'out of control'

Royal London’s director of policy Steve Webb, a former pension minister, believes that HMRC is “out of control” when it comes to over-taxing savers using pensions income withdrawal or buying a second home.

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Friday, 08 September 2017 18:24

Criticism of 'nonsensical' cut to MPAA

The government has introduce a second finance bill today which will reinstate many of the changes delayed before the general election, including the MPAA cut which is back-dated to April.

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Tuesday, 09 May 2017 10:32

Sipp firm fights legal battle with HMRC over near £2m sanctions

James Hay is fighting an HMRC charge of nearly £2million in connection with a probe into a non-standard investment.

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Friday, 10 February 2017 15:36

Is HMRC channelling the magic of Mr Benn?

James Jones-Tinsley is the Self-Invested Pensions Technical Specialist for Barnett Waddingham LLP

Those of a certain vintage will remember the animated children’s TV programme, “Mr Benn”, where each episode featured the line, “and then – as if by magic – the shopkeeper appeared”.

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Wednesday, 27 April 2016 12:25