You’ve probably read in the press that the new pension contribution rules will restrict the amount of tax relief you can claim to a fraction of what it was before. So should you be piling cash in now
to beat this change?
Published 04.03.2011
You want to pay a sizeable amount into your pension, but the rules say you’re only allowed to contribute up to the level of your earnings. As you take most of your income as dividends, how will this
limit your pension contributions?
Published 13.11.2013
Pension contributions might not seem like an exciting investment but they qualify for generous tax breaks which might be greater than you think. Why might now be a good time to consider investing a
little extra?
Published 19.03.2019
As everybody comes to terms with the newly introduced higher tax rates, more ways of avoiding them are coming out of the woodwork. This time our attention is focused on how to use the variation in
rates to produce a tax saving.
Published 05.05.2010
A friend has told you that as he’s 50 he can take a tax-free lump sum from his pension fund before the rules change next April. He says he’ll plough it straight back into a pension to get extra tax
relief. This sounds too good to be true; is it?
Published 10.07.2009
A couple of years ago you paid £50,000 into a pension and claimed the tax relief. This made use of your annual allowance, but HMRC says that a little-known rule means you weren’t entitled to it. What
is it referring to?
Published 25.10.2016
From April this year the annual limit for tax relief on pension contributions was slashed. As a quid pro quo the Taxman allows you to bring forward any unused limit from the previous three years. But
is there a way you can stretch this further?
Published 15.11.2011
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
Our subscriber, who recently turned 67, owns and runs a company. She read an article suggesting there’s a pension trap that could result in tax bills for over 65s who are still working. Is this
pension trap something to worry about?
Published 04.10.2022
Just when you thought there was some sanity returning to the rules governing pension contributions, you now have to contend with PIPs. What are they and how might they affect tax relief on your
pension contributions?
Published 19.01.2011