Now: Pensions to pay missed tax relief for low earners
Now: Pensions has announced it will ensure non-taxpayers will not miss out on the tax relief they would get in a relief at source scheme by making up the shortfall for affected...
Taxation
Pension tax relief: parked (for the moment)
The national news agenda has been dominated by pension issues this month. For those that missed it (and there cannot have been many given that this was the lead story in spoken...
'Bungled' tax relief consultation costs Treasury £1.5bn
The consultation into pensions tax relief has cost the Treasury around £1.5 billion in additional pension tax relief as high earners rush to buy now while stocks last says Sipp provider AJ...
Brexit, UEFA Euros 2016 and pensions tax relief
Corporate Adviser editor John Greenwood looks at how the political calendar will influence the pension tax relief debate. While the nation has, in the Brexit debate, a single preoccupying subject to examine...
Intergenerational fairness review closes amidst tax relief fears
The DWP enquiry into intergenerational fairness closed today amid claims that the pension tax review risks inflaming intergenerational tension The inquiry aims to answer the question of whether the current generation of...
Middle class savers face 'retirement crisis' from flat rate pension tax relief
The mass market of middle income savers will face a "retirement crisis" if George Osborne decides to introduce a flat rate of pension tax relief, Hymans Robertson warns. The consultancy says its...
ACA highlights challenges to Osborne tax relief plans
ACA chairman David Fairs Schemes’ haemorrhaging of higher rate taxpayers and low support towards and Isa-style retirement saving system highlight fundamental challenges to the Chancellor’s assertion that the pension incentives review must...
Osborne's choice: Treasury edging towards flat rate tax relief – reports
A pension Isa system has been put on hold, with the Treasury planning to introduce a flat-rate government contribution in replace of tax relief, according to reports in the Financial Times. The...
David Fairs – what Osborne’s Autumn statement says about pensions tax relief
The Chancellor’s auto-enrolment contribution increase delay points to the end of the system of tax relief on pensions as we know it says the Association of Consulting Actuaries. ACA says the decision...
Osborne – no tax relief decision until next year
Responding to a question from Tory MP Richard Graham in the House of Commons today, Chancellor George Osborne said that the consultation would receive a full response in the Budget. Experts say...
