For 2017/18 the annual limit on tax relief for pension contributions was slashed to £4,000 for some people. If you’re one of them, is there a way for you to increase the amount of contributions that
qualify for relief?
Published 05.03.2018
Your 55th birthday isn’t far off and you want to draw some of your pension savings. Your advisor has told you that doing so will severely limit the tax relief you can claim on future pension savings.
Is there a legitimate way around this?
Published 18.11.2020
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
The Budget announced a big increase in the money purchase annual allowance (MPAA). How will this change create an opportunity for tax planning and remove many taxpayers from an unfair tax trap?
Published 19.04.2023
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
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
The Taxman has been pushed into rethinking how tax deductible pension contributions for 2008/9 to 2010/11 are calculated. He’s decided his original method of working this out was wrong. What’s the
full story?
Published 14.12.2011
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
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
This year’s Budget didn’t do anything to improve the image of pension plans as a form of investment. But don’t write them off. Combining them with other tax incentives could produce an almost
immediate return of 65% on your investment. How?
Published 01.10.2009