ICAEW “questions” pension tax relief proposals

15 Oct 2020

The Institute of Chartered Accountants in England and Wales (ICAEW) has raised concerns over proposals to alter the level of tax relief on pensions contributions for low-earners, arguing that any changes could burden businesses.

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Automatic enrolment easements to be lifted from January, regulator reveals

28 Sep 2020

Pension flexibilities afforded to employers throughout the coronavirus pandemic will be removed from 01 January 2021, it has been revealed.

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Employers should continue to meet automatic enrolment obligations despite coronavirus disruption, says TPR

20 Apr 2020

Employers should continue to enrol, re-enrol and contribute towards workers’ pensions whether they are furloughed or not, The Pensions Regulator (TPR) has confirmed.

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COVID-19: Government to cover employer NICs and pension contributions of furloughed workers

02 Apr 2020

The Government has announced that it will cover employer National Insurance Contributions (NICs) and pension contributions of furloughed workers.

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Increasing number of pension savers hit by tax charges

27 Sep 2019

An increasing number of people saving for retirement have been hit by tax charges for exceeding the amount they are allowed to put away tax-free.

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HMRC backs down from pension tax case

03 Jun 2019

HM Revenue and Customs (HMRC) has recently withdrawn an appeal in a key court case over a 55 per cent charge it wanted to levy.

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Workers could be missing out by not checking personal tax accounts

16 May 2019

According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts.

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Automatic enrolment contributions increase: what you need to do

12 Apr 2019

The minimum contribution you and your staff must pay into your automatic enrolment workplace pension scheme has increased.

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Automatic Enrolment contributions to increase

12 Feb 2019

The next increase in Automatic Enrolment (AE) pension contributions for both employees and employers will take place from 6 April 2019. The minimum employer contribution will increase from two per cent to three per cent, while the employee contribution will rise from three per cent to five per cent – taking the total minimum contribution […]

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What happens if I need help with re-enrolment?

08 Feb 2019

All eligible workers in the UK are now automatically enrolled into a workplace pension scheme by their employer. However, there is the option to opt out of this scheme within a month of being enrolled.

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