Pensions auto enrolment contributions to rise Minimum auto enrolment pension contributions are set to increase from 6 April 2019: Duration Employer minimum Total minimum contribution Current contributions 2% 5% 6 April 2019
Protect your pension pots The Insolvency Service has urged individuals saving for retirement to protect their pension pots from criminals and ‘negligent trustees'. Research carried out by the Service found that criminals
Pension contribution increases ahead The Pensions Regulator (TPR) is reminding employers that from 6 April 2019, the amount that will need to be paid into a workplace pension will increase to an
Form P11Ds to include Benefits in Kind provided by salary sacrifice Employers need to report all Benefits in Kind (BiKs), including those under the Optional Remuneration Arrangements (OpRAs) or “salary sacrifice” arrangements,
We have featured the tax efficiency of pension fund investment in a number of recent newsletters. As well as the increased flexibility in terms of drawdown arrangements that were introduced in April
If your pension savings exceed the annual pension input limit (generally £40,000) then there is an annual allowance charge. The effect of the annual allowance charge is to reduce tax relief on
Increase your Pension Savings before 6 April 2018 to reduce payments on account. Unfortunately investing more in your pension now will not reduce your 2016/17 tax liability, however if you invest before 6
There are many reasons why pension planning is important. For most taxpayers the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both contributions by
At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end of the tax year on 5th
Payroll Taxes and Pensions This post is just one part of a 12-part guide to setting up a new business. Download the full business set-up guide to discover everything you need to know
Portfolio
