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
HMRC has at last clarified how tax reliefs will be affected by the new Scottish income tax rates. What’s the full story?
Published 03.05.2018
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
A colleague tells you that tax relief on pension contributions is only allowed against salary and not dividends. And, because you only take a small salary from your company on which you don’t pay
tax, you’re losing out. Is he right?
Published 10.05.2013
Personal taxpayers will need to pay any tax they owe for 2004/5 and make a payment on account of their 2005/6 bill, by January 31, 2006. Is there anything you can do at this late stage to keep the
Taxman’s hands off your cash?
Published 24.11.2005
Tax relief for pension contributions depends on the rate of tax you pay. You would think, therefore, that the maximum would be 45%. But paying an extra premium at the right time can save you a lot
more. When and how much?
Published 31.05.2013
The beginning of March usually signals a spate of communications from financial advisors urging you to invest in your pension before the end of the tax year. But as far as tax relief is concerned
might you be better off delaying?
Published 05.03.2014
You’ll need to change your pension contribution payments from April 2008 or your fund will lose out in the long term. Why, and by how much?
Published 28.02.2008
You want your spouse to have their own pension plan. As they have little income of their own you intend to pay the contributions yourself. Alternatively, would it be more tax efficient to get your
company to pay them?
Published 15.05.2018