Recycling your pension by reinvesting will help savers gain maximum tax relief, which is applied to pension funds.
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I pay into a self-invested pension. How do I ensure I'm getting the right tax relief?
If you pay more than 20 per cent tax on some of your earnings, you can reclaim extra tax relief through your self-assessment. But if you don’t usually complete one, you can still claim it by ...
More than 15,300 people have signed an online petition calling for changes to pension withdrawals in the Autumn Budget.
A £100,000 salary isn’t what it used to be, after tax and other penalties. But by putting some of your current earnings into ...
The chancellor is facing increasing pressure to rescue the UK’s troubled finances in the Budget but the IFS has warned ...
Thousands of pensioners will be just £22 away from paying income tax for the first time, as the state pension is expected to ...
That means the new state pension is on track to rise from £221.20 to around £231.80 a week, or roughly £12,548 a year – ...
Speculation is mounting that the Chancellor may reduce the maximum amount that savers can withdraw tax-free from their ...
A HMRC tax code reminder has been issued as UK households risk losing more money to the taxman and Labour Party government.
It said the overall “index value” for the UK system could potentially be increased by further increasing the coverage of ...
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