Topic filter : Tax Relief

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....“You receive interest upon interest, which is one of the most powerful forces in finance,” he said. Families can claim pensions tax relief at 20 per cent on contributions up to £3,600 a year, turbo-charging their child’s savings pot. ... [Read full article on Daily Express ]
Tuesday 21st of March 2017 10:01:00 PM
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.... . “From April tax relief on property loans for residential property will be restricted for higher rate taxpayers, increasing the amount of tax paid on rental income. ... [Read full article on Daily Express ]
Tuesday 21st of March 2017 01:47:00 PM
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....Second home buyers have to pay a 3 per cent stamp duty surcharge on purchases, while wear and tear allowances have also been squeezed. The screw will tighten in April, when higher rate tax relief on mortgage interest payments will begin being phased out. ... [Read full article on Daily Express ]
Sunday 19th of March 2017 12:01:00 AM
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Latest Finance News related to Tax Relief

The last call for savers to cash in on tax relief image
Source : Daily Express [Read Article] Wednesday 22nd of March 2017 12:01:00 AM
.... . Steven Cameron, pensions director at insurer Aegon, said any cuts would hit savers hard: “The Chancellor may view pension tax relief as a soft target to balance the Government’s books, but risks undermining the country’s long-term savings. ...
Starting a child pension pot could repay a small fortune at retirement image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:01:00 PM
....“You receive interest upon interest, which is one of the most powerful forces in finance,” he said. Families can claim pensions tax relief at 20 per cent on contributions up to £3,600 a year, turbo-charging their child’s savings pot. ...
Eight tax changes savers should watch out for from April 2017 image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 01:47:00 PM
.... . “From April tax relief on property loans for residential property will be restricted for higher rate taxpayers, increasing the amount of tax paid on rental income. ...
Five-minute guide to…The resurgence of first-time buyers image
Source : Daily Express [Read Article] Sunday 19th of March 2017 12:01:00 AM
....Second home buyers have to pay a 3 per cent stamp duty surcharge on purchases, while wear and tear allowances have also been squeezed. The screw will tighten in April, when higher rate tax relief on mortgage interest payments will begin being phased out. ...
Pension tax warning: Savers in 'last chance' to use extra relief allowance before April 5 image
. People approaching retirement typically try to add as much as possible to nest eggs to benefit from tax relief. ...
Savers and Pensions: How the Chancellor's spring BUDGET plans can affect you  image
Source : Daily Express [Read Article] Sunday 12th of March 2017 03:23:00 PM
....Following last year’s cut to the Lifetime Allowance, there is another ugly pensions development next month, when the amount of money the over-55s can invest in their pension after making pension freedom withdrawals will fall from £10,000 to just £4,000. The Money Purchase Annual Allowance (MPAA) is designed to stop people recycling pension contributions to claim double tax relief, although it does not apply to 25 per cent tax free cash withdrawals. ...
Landlord tax: How to beat new buy-to-let charges coming in NEXT month  image
Source : Daily Express [Read Article] Friday 10th of March 2017 04:44:00 PM
. Buy-to-let returns are set to be eroded as mortgage interest tax relief is reduced to the basic rate of income tax over the next four years. ...
Wetherspoons chairman criticises 'dinner party' Budget image
Source : BBC [Read Article] Friday 10th of March 2017 08:04:21 AM
.... . The newly announced pub tax relief made little difference, Mr Martin added. ...
Savers urged to use THIS simple trick to beat dividend tax changes image
Source : Daily Express [Read Article] Thursday 9th of March 2017 04:32:00 PM
.... Another option is a Self-Invested Personal Pensions (Sipp), which also ring-fences dividends from tax if money is not needed until age 55 - or 57 from 2028. The tax benefits of SIPPs are a good option for many, as investors can also benefit from pension tax relief. ...
Rents are 'out of step' with incomes, housing body warns image
Source : Guardian [Read Article] Thursday 9th of March 2017 12:01:21 AM
....The gap between supply and demand grew, as the number of new tenants signing up with agents increased for a third month running. New rules on the tax relief available to landlords are set to come into force in April, and some have predicted that this could lead to a drop in the number of properties available to rent. ...
Smokers could earn £3,839 after quitting for just a year, figures reveal image
Source : Daily Express [Read Article] Wednesday 8th of March 2017 08:38:00 AM
.... . “Instead of paying tax on cigarettes, around 75 per cent of the cost, they can claim tax relief on contributions to their pension instead,” he added. ...
Budget 2017: Chancellor announces North Sea help image
Source : BBC [Read Article] Tuesday 7th of March 2017 10:29:53 PM
.... . Derek Mackay, the Scottish government's finance secretary, had also written to the chancellor calling for "action to improve decommissioning tax relief, ensuring that the right assets are in the right hands". ...
Goodbye Spring Budget image
Source : BBC [Read Article] Tuesday 7th of March 2017 12:11:17 AM
....Mr Roy-Chowdhury points out that moving the government announcements matters to the general public as well. "If there is a range of changes twice a year to things like national insurance, personal allowances, pensions tax relief or savings allowances, it is harder for ordinary taxpayers to keep up," he says. ...
Budget 2017: The misplaced confidence of the British consumer image
....The chancellor's challenge? Unlock some of that cash and get corporations to invest more. By threat or inducement (that is, through taxing or tax relief), Mr Hammond must shift the economy away from a dependence on the unduly confident consumer. ...
Buy-to-let landlords face huge tax increase from new law image
Source : Daily Express [Read Article] Sunday 5th of March 2017 12:01:00 AM
....At midnight on April 5, the last day of the financial year, another new tax will blow up in landlords’ faces. Investors will no longer be able to claim higher rate tax relief on mortgage interest payments, in a move that could turn profits into losses. ...
New Lifetime ISA launched in April: Should you use it to boost retirement savings?  image
.... It's feared workers could spurn existing pension schemes that hold a number of benefits for long-term savers. At the moment basic rate tax payers ALREADY get £1 for every £4 saved in pensions from the Government in tax relief, while higher earners get £2 from the Government for every £3 saved. ...
ISAs 2017: Can I move existing shares into an ISA? What happens to my ISA if I go abroad? image
....If you already have an ISA do you get two allowances each year?. If you decide to leave the country you can keep your existing ISA and your investments and savings will still be eligible for tax relief. ...
Savers warned: Pension tax relief could be SLICED in March Budget  image
Source : Daily Express [Read Article] Tuesday 28th of February 2017 03:36:00 PM
.... Alternatively, Mr Hammond could consider trimming annual or lifetime allowance for savings. At the moment, a pot of up to £1million can be saved and gained from tax relief - or up to £40,000 for a year, unless you earn more than £150,000 annually. ...
HMRC criticised over film industry tax avoidance probes image
Source : BBC [Read Article] Saturday 25th of February 2017 02:46:36 AM
.... The Icebreaker scheme attempted to create artificial losses from limited liability partnerships. HMRC said both schemes saw users claim more in tax relief than they had invested - a claim that Ingenious disputed. ...
Paris, Frankfurt, Vilnius: how EU cities are vying for London's bankers image
Source : Guardian [Read Article] Tuesday 21st of February 2017 06:00:11 PM
....It, too, has its drawbacks: the city suffers from a serious shortage of quality residential and commercial property for rent. But the government is determined, unveiling in its budget last autumn a full-blown Getting Ireland Brexit Ready programme, including tax relief for foreign firms relocating staff. ...
Savers need a balancing act to beat inflation image
Source : Guardian [Read Article] Monday 20th of February 2017 07:00:31 AM
....While recognised as one of the most rewarding investments of the past two decades, a surprise raid on mortgage tax breaks by former chancellor George Osborne in 2015 means that success looks to be at an end. Changes applied from April will result in higher rate tax relief on mortgage interest payments being phased out. ...
Will we pay higher stamp duty on a buy-to-let property? image
Source : Guardian [Read Article] Thursday 16th of February 2017 11:10:19 AM
....It could be worth looking into alternatives to property investment, especially now that the rules on personal pensions are so much more flexible and you are no longer required to buy an annuity with your pension savings. With a pension, for example, not only do you get tax relief on contributions of up to £40,000 a year, which boosts the value of your investment, but there’s no CGT to pay. ...
The baby boomers have enjoyed the good times – now a tax hike is due | Phillip Inman image
....That might be considered a good thing if it were not for the fact that the cost is unaffordable, is damaging the ability of British business to invest in the future, and fuelling inequality between generations and among the nation’s 12 million over-65s. Broadly speaking, there are around 4 million pensioners who still rank as poor, 4 million who have middling incomes and another 4 million who grabbed most of the tax relief on pensions and are so comfortable they are desperately under-taxed. ...
What is an ISA? How to save money with an ISA? Advice and tips image
Source : Daily Express [Read Article] Thursday 9th of February 2017 05:00:00 PM
.... . “With a SIPP, contributions qualify for income tax relief of up to 45%, which means a £10,000 investment could cost as little as £5,500. ...
ISA 2017: What happens if I've paid too much into my ISA? Can I have more than one ISA? image
....IF YOU ALREADY HAVE AN ISA DO YOU GET 2 ALLOWANCES?. Any excess payments will not receive tax relief. ...
Shell begins huge task of decommissioning Brent oil rigs image
Source : Guardian [Read Article] Monday 6th of February 2017 07:01:20 AM
....That won’t be Shell’s approach for Brent. But it is a view voiced at the company’s senior levels, perhaps with an eye both on saving money and any scrutiny of the 70% tax relief the company will enjoy against the cost of decommissioning. ...
Star Wars and Trainspotting sequels help UK film production break records image
Source : Guardian [Read Article] Thursday 26th of January 2017 04:43:34 PM
....Adrian Wootton, chief executive of industry body the British Film Commission, said: “2016 was a banner year for the UK’s film and TV industries, which attracted record levels of inward investment, and some of the world’s most ambitious productions. “Our industry offers the complete package in terms of talent, skills, facilities, VFX expertise and competitive tax reliefs, so it’s no wonder international film and TV clients continue to make the UK their destination of choice. ...
'There's a danger of a generation who can't afford to retire' image
Source : Guardian [Read Article] Monday 23rd of January 2017 08:05:59 AM
....According to a two-year review by The Independent Review of Retirement Income (IRRI), people should put 15% of their entire lifetime earnings into their pension pot merely “to avoid future pensioner poverty”. Workplace pension schemes, the biggest shakeup to pension savings in recent years, have set the minimum contribution (from employers, employees and government tax relief) as 8% of earnings: a great first step but only half this. ...
10 ways to cut your tax bill image
Source : Guardian [Read Article] Saturday 14th of January 2017 07:00:19 AM
Sony closes Guerrilla Cambridge video games studio image
Source : BBC [Read Article] Thursday 12th of January 2017 06:23:21 PM
....Microsoft also closed a long-established British studio - Lionhead, the developer of the Fable series - in 2016. But the games industry trade association Tiga said that a tax relief scheme, which came into effect in 2014, had helped create jobs elsewhere. ...
 Act NOW to slash your tax bill: Self-assessment tax returns due by end of January image
Source : Daily Express [Read Article] Wednesday 11th of January 2017 12:01:00 AM
.... . You can also claim tax relief on pension contributions at either 20, 40 or 45 per cent, depending on your tax bracket. ...
Rising retirement age means that smart saving is more important than ever image
Source : Daily Express [Read Article] Sunday 8th of January 2017 12:01:00 AM
....Andrew Tully, pensions technical director at Retirement Advantage, says today’s workers need to start saving early and put aside as much as they can afford: “Take advantage of any company pension scheme, as your contributions will be topped up both by your employer and the Government. “Alternatively, claim tax relief on personal pension contributions or save into an Isa. ...
Happy new year? 2017 rings in more commuter misery and higher bills image
Source : Guardian [Read Article] Monday 2nd of January 2017 06:59:18 AM
.... Apple Mac users saw raised prices on machines in October as the technology giant updated the cost in line with the low exchange rate between the dollar and sterling. Former chancellor George Osborne announced in July 2015 a cut in tax relief on mortgage interest payments for buy-to-let landlords. ...
New year resolutions to help you handle your money in 2017 image
Source : Daily Express [Read Article] Sunday 1st of January 2017 05:41:00 PM
....Peter Banks, head of investment and tax planning at Drewberry Wealth, says the best way is to make full use of your various tax allowances: “You can save up to £20,000 in an Isa from April 6, with your returns free of income tax and capital gains tax. You can also gain valuable tax relief on pension contributions. ...
Deadline: one month left to file your tax return image
Source : Guardian [Read Article] Saturday 31st of December 2016 07:00:21 AM
....). You may be able to claim tax relief if you have to use your own money to pay fees or subscriptions to some approved professional organisations, but only if you require membership to do your job or it’s “helpful for your work”, says HMRC. ...
UK housing market: what to expect in 2017 image
Source : Guardian [Read Article] Monday 26th of December 2016 04:11:22 PM
.... Lending to landlords fell after that and the numbers have run at just over half those recorded in 2015. More changes face landlords in 2017 in the form of tougher affordability checks for buy-to-let mortgages and the start of the withdrawal of tax relief on mortgage interest. ...
Airbnb UK tax history questioned as income passes through Ireland image
Source : Guardian [Read Article] Monday 19th of December 2016 07:01:13 AM
....”. But Richard Murphy, a chartered account and director of Tax Research UK, said he thought Airbnb was “dumping its foreign exchange losses in this country to get tax relief on them but the income to which these foreign exchange losses relate never comes near the UK”. ...
Housing sales to fall in 2017, says CML image
Source : Guardian [Read Article] Thursday 15th of December 2016 11:55:23 AM
....In April, a higher rate of stamp duty on second homes was introduced, increasing the upfront cost of buying investment property. Changes to the rules around landlords’ tax relief will start to be phased in from April 2017, and those buyers will also face tougher checks before they are given a mortgage. ...
Mortgage market to plateau until 2018, lenders warn image
Source : BBC [Read Article] Thursday 15th of December 2016 11:31:15 AM
....Since April 2016, landlords have faced a 3% surcharge on stamp duty - or Land and Buildings Transaction Tax in Scotland - if they already owned another property. There have also been changes to what landlords can claim in tax relief. ...
HMRC claws back celebrities' tax relief image
Source : BBC [Read Article] Thursday 15th of December 2016 12:17:51 AM
Auto-enrolment: self-employed and low-paid could benefit image
Source : Guardian [Read Article] Monday 12th of December 2016 01:14:50 PM
....8% of their earnings, while their employer adds 1% and the government adds 0. 2% through tax relief. ...
How a healthy buy-to-let profit could soon become a painful loss image
Source : Guardian [Read Article] Saturday 10th of December 2016 07:00:07 AM
Buy to let: ‘We landlords are being vilified’ image
Source : Guardian [Read Article] Saturday 10th of December 2016 06:59:07 AM
.... Currently he is liable for 40% tax on this, so the bill is £10,816. But from April the government will begin to withdraw the tax relief landlords currently enjoy. ...
Days of the buy-to-let landlord are numbered, says Fergus Wilson image
Source : Guardian [Read Article] Friday 9th of December 2016 10:11:07 AM
.... “We are currently running at around 6,000 new purchases a month using buy-to-let mortgages, compared with 10,000-11,000 in the corresponding period last year. The combination of a tightening in lending criteria and changes to tax relief are the key drivers. ...
Diesel farms make fresh bids to supply National Grid back-up power image
Source : Guardian [Read Article] Tuesday 6th of December 2016 08:25:42 AM
....Stock market filings show that Rockpool set up nine power plant firms in time to beat a policy change that prevents new power plants from accessing the EIS tax break. Even without tax relief, diesel plants can deliver high returns. ...
Demand is weak and investment’s faltering. That’s OK then image
Source : Guardian [Read Article] Sunday 4th of December 2016 07:00:07 AM
.... He was talking of Hammond’s planned 100% capital allowance for companies investing in electric car charging points, and investment of £80m to expand the charging infrastructure. Bull, who describes the move to increase the number of electric vehicles on UK roads as “gloriously inconsistent” with the government’s reduction last year in subsidies for renewable electricity generators, asked who would benefit from this extra tax relief and how much it would be worth. ...
Landlords scramble to avoid higher buy-to-let taxes, report finds image
Source : Guardian [Read Article] Friday 2nd of December 2016 12:01:00 AM
.... At the time the then chancellor George Osborne said buy-to-let landlords had a “huge advantage” over homebuyers. “And the better off the landlord, the more tax relief they get,” he added. ...
OK, no workers in the boardroom: but May must be strong on executive pay image
Source : Guardian [Read Article] Sunday 27th of November 2016 07:00:53 AM
....”. On the face of it, this was a hint that the Treasury is preparing to cut pension tax relief for higher-rate earners. ...
Taxpayers may be liable for North Sea decommissioning bill, says study image
....He said: "The Chancellor's Autumn Statement presents an ideal opportunity to offer the industry the support and clarity it deserves. The UK government must provide support in widening access to decommissioning tax relief to ensure that the full potential of late-life assets can be realised. ...
Film industry tax avoiders face multi-million pound bill image
Source : BBC [Read Article] Saturday 19th of November 2016 09:15:30 PM
....BBC business correspondent Joe Lynam said that to make a £1m investment, an Eclipse partner might contribute only £20,000 of their own money and borrow the rest. "The tax relief on the whole amount would have been up to £400,000, or 20 times what they had risked. ...
Buy-to-let lending falls as tougher rules bite image
Source : Guardian [Read Article] Friday 18th of November 2016 12:43:50 PM
....9bn in the same period a year earlier. The lender cited new affordability tests brought in ahead of changes to tax relief from April next year, which have made it more difficult for potential landlords to snap up properties. ...
Bank of England given new powers to curb risky buy-to-let lending image
Source : Guardian [Read Article] Wednesday 16th of November 2016 07:20:51 PM
....The Bank is also alert to tax changes, to see if they will have an impact. From 2017 tax relief for buy to let will be reduced to a flat rate of 20% compared with the current 40% or 45%, while an extra 3% has been added to stamp duty on buy-to-let purchases. ...
MAPPED: Which area of the UK will see the biggest house price booms within five years image
.... . "Increasingly, taxation is being used as a housing policy tool, whether that be the reduction of tax reliefs for buy-to-let landlords, a stamp duty surcharge for investment properties and second homes or the high rates of stamp duty applied at the top of the market. ...
End of the property boom? UK house prices to flatline, says forecast image
Source : Guardian [Read Article] Friday 4th of November 2016 12:01:02 AM
.... This fall will be driven by a decline in buy-to-let landlords following recent and impending tax changes. In April, the upfront cost of buying a rental property was increased with a new stamp duty surcharge, and from next spring the tax relief that landlords can claim on mortgage payments will start to fall. ...
Rising supply of unlet properties curbing rent hikes, say letting agents image
Source : Guardian [Read Article] Monday 24th of October 2016 12:02:54 PM
.... The hike in the stamp duty surcharge in April has certainly discouraged landlords from increasing their rental portfolios. “Alongside tougher lending criteria and cuts to mortgage interest tax relief starting next year, many landlords will be now doubting if it’s worth the hassle, particularly in the south-east. ...
Cut stamp duty to revive housing market, says estate agency image
Source : Guardian [Read Article] Monday 10th of October 2016 11:01:31 PM
....Both changes were introduced by the then chancellor, George Osborne, in an attempt to cool the property market and make it easier for first-time buyers to get on the ladder. A change to how much tax relief landlords can claim on mortgages on rental properties is to come into effect from next April, after a case taken by investors was rejected last week. ...
Cherie Booth to represent landlords fighting changes to tax regime image
Source : Guardian [Read Article] Tuesday 4th of October 2016 05:41:07 PM
.... They say this could leave many with an overall cash shortfall. Research by the lender Kent Reliance found that about a third of buy-to-let landlords intended to pass on increased costs to their tenants following the surcharge on stamp duty for second property owners and cap on tax relief for buy-to-let mortgages. ...
Planning ahead for the future can help you avoid pitfalls image
Source : Daily Express [Read Article] Wednesday 21st of September 2016 12:11:00 PM
.... . Justin Modray, founder of Candid Financial Advice, says: “You can claim valuable tax relief on your pension contributions, boosting your retirement savings and cutting your income tax liability as well. ...
More than 1million Britons turn 40 with NOTHING saved for retirement image
Source : Daily Express [Read Article] Friday 16th of September 2016 04:16:00 PM
...."So far, around nine in 10 people are staying in their pension after being auto-enrolled. Mr Wilson said those deciding to opt out of auto-enrolment would miss out on "free money" which could go into their retirement savings pot from employer contributions and tax relief. ...
As cash Isas leave savers despairing, it could be worth taking a chance image
Source : Guardian [Read Article] Monday 5th of September 2016 05:59:21 AM
....Setting yourself up as a buy-to-let landlord has been one of the most rewarding investments of the past 20 years. However, former chancellor George Osborne made life harder by slapping a 3% surcharge on second home purchases, reducing wear and tear allowances and phasing out higher rate tax relief from next April. ...
Fewer homes for rent, as landlords move flats onto Airbnb image
Source : BBC [Read Article] Friday 2nd of September 2016 08:39:42 AM
....There are particular tax advantages for landlords who rent out their properties as short-term holiday lets, rather than rent them out with long tenancy agreements. By next year, such landlords will not be able to claim tax relief on mortgage interest payments. ...
Pensions still a great way to save for retirement  image
Source : Daily Express [Read Article] Wednesday 31st of August 2016 07:50:00 AM
....Tax benefits . Former Chancellor George Osborne made life far harder for property investors, slapping a new 3 per cent surcharge on second home purchases, reducing wear-and-tear allowances, and phasing out higher rate tax relief from April next year. ...
Drop in new Isas amid criticism of help-to-buy version image
Source : Guardian [Read Article] Friday 26th of August 2016 01:03:24 PM
....Only 9% of subscriptions into Isas were at the maximum limit in 2014-15, although this jumped to 49% for those on incomes above £150,000. It is estimated that the tax relief on Isas cost the Treasury £2. ...
HMRC claims victory in film tax battle image
Source : BBC [Read Article] Friday 5th of August 2016 11:35:12 AM
....The company said it was "pleased" that the tribunal had recognised the schemes as "bona fide businesses run for profit". HMRC said both schemes saw users claim more in tax relief than they had invested, something disputed by Ingenious. ...

Government undermining efforts to put an end to tax avoidance from behind the scenes, warn MPs
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....The initiative now been modified in response to concerns, but copied by other countries such as Ireland in a "race to the bottom", the report said. MPs added that the Treasury should carry out an annual assessment on the effects of cutting the corporation tax rate and introducing tax reliefs on avoidance. ...

'Green tax' to hit landlords with £5,000 bill on buy-to-let homes
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Source : Telegraph [Read Article] Saturday 30th of July 2016 04:00:00 PM
....There are fears buy-to-let landlords are being used by the Government as a “cash cow”, as it has announced a series of policies to “level the playing field” between people buying a home to let and those wanting one to live in. Buy-to-let investors face a 3 per cent stamp duty surcharge and from next year they will only be able to claim tax relief on mortgage payments at the basic 20 per cent. ...

A new industrial revolution is coming. Is Theresa May ready for the chaos it could unleash?
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....An industrial strategy for the next few decades would mean providing the research base, world-class infrastructure and skills in concentrated areas necessary to attract innovators and jobs that haven’t been invented yet. That could be supported by rolling out on a far bigger scale many of the ideas tried in small packets in recent years: generous tax reliefs for small businesses on research and development; Enterprise Zones; enterprise capital funds dedicated to backing new technologies; and much more on these lines – but absolutely not civil servants trying to plan the future of the economy. ...

BBC brings 85 presenters on staff after being told to ditch personal service companies
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....Presenters including Fiona Bruce and Joanna Gosling are said to have signed up as full-time employees, after a report published in 2012 found that the corporation paid more than 124 stars in excess of £150,000 a year via personal service companies. The arrangement allows the broadcaster to avoid making employer’s national insurance contributions, while the stars using the companies qualify for a range of tax reliefs and allowances. ...
Have you fallen for the downsizing delusion? How much you should expect for your house... image
.... . By failing to save into a pension you are effectively turning down free money, in the shape of tax relief on pension payments, and an employer contribution into a workplace scheme. ...
Using home to fund retirement is a delusion, says former minister image
....". Those paying in to a workplace pension benefit from employer contributions, as well as tax relief of at least 20%. ...
It looks like we’ve reached peak pensioner image
Source : Guardian [Read Article] Saturday 2nd of July 2016 05:59:01 AM
.... That’s an inevitable consequence of improved longevity, but one that will hit people in their late 50s, especially women, hard, not the existing retired. Another widely mooted reform is to slash pension tax relief, but the losers there are again the existing working population. ...
Pension savers told 'DON'T PANIC' amid market carnage but follow THESE key steps image
....". It's feared that if an emergency budget is called, there could be cuts to pension tax relief and the so-called "triple lock" on state pensions may also be axed, said experts. ...
Paid off your mortgage? Home in on sensible saving image
Source : Daily Express [Read Article] Wednesday 15th of June 2016 09:01:00 AM
.... . This assumes they benefit from basic rate tax relief on their contributions, with investment growth of five per cent a year after charges. ...
Six million workers saving for first time: You’ve got to roll with company pensions image
....4 per cent in April 2018, and 4 per cent in 2019. You get tax relief on top, which for example lifts the 2019 contribution to 5 per cent. ...

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