State Pension Amounts Increase …
But so does the State Pension age April marked a 4.8% rise in both the basic and new State Pensions. This could mean an additional £575 annually for many pensioners. […]
Pension
Why Every Small Business Needs a Succession Plan
and How to Start One Many small business owners spend years building their business — but few spend enough time planning how they will eventually exit it. A succession plan
Maximize your State Pension
From 6 April 2025, it will no longer be possible to make voluntary contributions in respect of the tax years from 6 April 2006 to 5 April 2019. The previous
Pensions, tax relief and the High Income Child Benefit Charge
You may be making pension contributions but in certain circumstances you may be eligible to claim additional tax relief. Many pension providers operate a RAS (Relief at source) scheme. Your
Planning for the future
Whatever your plans are in the future, you will need an income. How far will just the state pension of £221.20 per week take you? And do you (or can
Pre Budget tax planning and actions
Care is needed if you are undertaking and actions prior to the budget at the end of October to avoid falling foul of any anti-avoidance legislation. There is speculation that
Started employing staff? Don’t forget the workplace pension…
Pension auto enrolment was set up in 2012. All employers must provide a workplace pension scheme. This is called ‘automatic enrolment’. UK employers are legally required to set up a
Will you qualify for a full state pension?
There may be gaps in your national insurance contributions due to various circumstances. Career breaks and time out to care for children are common reasons, and women are therefore more
Are you claiming the full tax relief on pension contributions?
A basic rate taxpayer will obtain 20% pension tax relief on contributions up to the earnings in a tax year A higher rate taxpayer can claim 40% pension tax relief,