by AccountingPreneur | Apr 12, 2022 | Pension, Tax
Personal Pension Contribution When it comes to personal pension contributions, there are a lot of benefits to be had. Not only do you get the peace of mind that comes with knowing you’re doing something to secure your future, but you can also enjoy significant...
by AccountingPreneur | Nov 10, 2021 | Pension, Uncategorised
The government plans to increase the earliest age pension savers can access their pensions without incurring an unauthorised payments tax charge, known as the normal minimum pension age, from 55 to 57. The age change will come into force from 6 April 2028. Legislation...
by AccountingPreneur | Jun 23, 2021 | Pension
Pension contributions to approved pension funds on behalf of employees and directors continue to be a tax-free benefit provided the annual input limit is not breached. The contributions are also deductible for the employer provided incurred wholly and exclusively for...