You want to use some of your pension savings for a one-off expense, but you’ve been told that this can result in tax relief on future contributions being capped. Is there a way to receive the money,
but avoid the tax relief trap?
Published 28.04.2017
HMRC recently stated that many people are failing to declare their liability to pay the pensions annual allowance charge. When does the charge apply and what should you do if you’ve missed it off
your tax return?
Published 04.02.2020
The new legislation that restricts tax relief on pension premiums includes tough rules to stop those with incomes of over £150,000 from manipulating their income to escape the trap. But there are
ways to get around this. What are they?
Published 04.11.2009
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
The Budget included proposals that will allow you to get your hands on your pension fund earlier than anticipated. This sounds like good news, but only if there’s enough at the time to make it
worthwhile. So how can you boost your pension pot?
Published 04.04.2014
While getting your business off the ground you neglected your pension savings. You want to make up for it now but your advisor tells you that the annual contribution limits will prevent this. Is
there a way around them?
Published 17.04.2019
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
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
If you make pension contributions personally or through your firm’s workplace scheme you’re entitled to tax relief. However, thousands of people fail to claim this relief to the tune of an estimated
£830m each year. Might you be one of those missing out?
Published 20.05.2021
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