Recycling (reinvesting) your pension lump sum is a simple way to boost the value of your retirement nest egg, but it’s subject to limits which were reduced in April. So how do you now maximise the
recycling tax break?
Published 29.11.2012
You’ve heard on the grapevine that by taking your personal pension earlier than planned there are a couple of ways you can dodge some of the new higher taxes that come in force from April 6. Is this
true and, if so, how does it work?
Published 09.03.2010
Although the pension rules are now more flexible, ultimately you’ll probably have to use some of your fund to buy an annuity. But there’s an exception to this rule. Can you take advantage of it?
Published 08.05.2009
Under the new pension rules, the maximum contribution on which you can claim tax relief is £50,000 in any one year. If you pay more than this, you’ll be hit with a special tax charge. But is paying
over the maximum all bad news?
Published 31.03.2011
Pensions freedom took effect on 6 April 2015. It included changes to HMRC’s anti-avoidance rules on pension recycling. To what extent is it still possible and is there still an advantage to it?
Published 23.06.2015
Tax rules mean those with small funds dotted around a number of pension schemes often face difficulties getting their hands on the money. The good news is that the Taxman has changed the rules to
allow easier access. What’s new?
Published 06.09.2012
If you’ve drawn any of your pension savings, HMRC’s anti-avoidance rules might already apply to you. If so, how can you work within them but still gain a tax advantage?
Published 13.11.2018
A friend has told you that he intends to invest a chunk of his assets in a qualifying non-resident pension scheme (QNUPS) because the funds in them are beyond the Taxman’s reach. Is he right?
Published 21.09.2011
Your company needs an injection of money. The bank will charge a stiff interest rate even if it agrees to a loan. How might you be able to use your pension fund to provide cash and increase tax
relief?
Published 30.10.2019
The imminent shake up of the pensions regime includes various transitional rules. One of them offers a tax planning opportunity, but time is limited. What is it and how can you take advantage?
Published 04.03.2015