Tax relief

Over seven out of ten firms are confused by the launch of the Lifetime ISA (LISA) next year given the Government’s parallel initiative of requiring all small firms with one or more employees to also...
There are huge inconsistencies in the support being provided by financial services companies to their high earning employees to help them navigate through the recent tax changes, according to...
HMRC has published details on the take up of protections against a fall in the Lifetime Allowance (available here).  17,453 applications have been received since launch of the online service on 28...
The Lifetime Allowance has been a thorn in many people's sides for a long time now, especially now that HMRC confirmed the tax revenues raised from those who breached it for 2015/16 rose 62% from the...
Radical changes to pension schemes being introduced by government from 6 April 2016 could leave high earners with unexpected and unwanted tax bills of up to £13,500 warns Secondsight, the employee...
Don’t meddle further with pensions tax relief, editor Stephanie Hawthorne warns the Chancellor
Responding to a question from Tory MP Richard Graham today, the Chancellor George Osborne indicated that the Treasury will produce the government’s final response to its pension tax consultation in...
Almost three quarters (74%) of working age people with a pension either do not understand or have never heard of the tax relief that they receive on their pension contributions. A YouGov survey for...
Towers Watson has responded to the Government’s consultation on the taxation of pensions, entitled ‘Strengthening the incentive to save’, urging policymakers to ensure that encouraging...
People want their pensions to be treated more like Individual Savings Accounts (ISAs) according to PwC. PwC surveyed nearly 1,200 (1,197) working adults following George Osborne’s consultation,...