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pension tax relief

Displaying items by tag: pension tax relief

Monday, 30 September 2024 11:41

Pension tax relief could be targeted by Chancellor

Chancellor Rachel Reeves is likely to take a close look at pension tax relief as she looks at ways to raise money for the Treasury in her first Budget next month, consultants LCP have warned.

Published in Articles
Wednesday, 03 January 2024 09:46

£1.3bn lost to unclaimed pension tax relief

Britons have lost out on £1.13bn of tax relief in the five years to 2020/21, according to Hargreaves Lansdown.

Published in Articles

One of the big headliners in the Spring Statement was the cut in basic rate income tax from 20% to 19% from April 2024.

Published in Comment and Blogs

The Treasury has rejected any immediate changes to pensions tax relief, despite MP recommendations for an urgent reform.

Published in Articles
Wednesday, 05 February 2020 09:46

Curtis Banks fears Budget may hit pension tax relief

SIPP and SSAS provider Curtis Banks has called for the protection of pension tax relief in the Budget on 11 March amid concerns relief could be chopped back or axed.

Published in Articles
A new FOI reply to Steve Webb, director of policy at Royal London, suggests that far more low-paid and part-time workers are missing out on tax relief on their pension contributions than previously thought. 
Published in Articles
Thursday, 03 January 2019 12:41

New survey reveals pension worries

A survey of 700 DIY investors has revealed a raft of concerns from pension tax relief to ISAs.
Published in Articles
Experts breathed a sigh of relief as Philip Hammond’s Budget yesterday avoided a tax raid on pensions.
Published in Articles

You could be forgiven for thinking that it was Groundhog Day again.

Published in Comment and Blogs
Sipp and platform provider AJ Bell has urged Chancellor Philip Hammond to avoid slashing pension tax relief in the Budget after speculation that the Treasury will need to cut pensions relief to make up for shortfalls in revenue and to curtail the rising cost of pre and post-retirement tax benefits.
Published in Articles