Tag: pension tax
The £1 trick to save pensioners overpaying £2.8k in tax
Thousands of pensioners have been charged more tax than necessary year on year. …
Brits hit with up to £98,000 tax bills for cashing in pensions – how to avoid
Retirement expert Mike Ambery shared five strategies to help retirees avoid becoming “big pension taxpayers”. …
Rachel Reeves lines up new tax war on YOUR pension – five ways she’s targeting elderly
Chancellor Rachel Reeves is desperately short of cash. True to Labour tradition, she’ll raise it from our pensions. …
Major inheritance tax change in Rachel Reeves’s spring statement has Brits seething
The Chancellor’s spring statement has been met with a scathing response from Brits, who have hit out at the ‘unfair’ change that is set to hit in 2027. …
Pension experts urge Britons to act before HMRC rule change
Certain moves may trigger “unintended” tax consequences, making it vital people properly assess their financial situation before making any decisions. …
Rachel Reeves is cooking up a truly disastrous plan for your pension
Rachel Reeves should rethink her inheritance tax proposals on pensions, writes Baroness Ros Altmann. …
HMRC forced to act as tax loophole affecting 11 million state pensioners closed
HMRC has been forced into a U-turn over the emergency tax code rules …
‘There are options’ pension expert shares hope for savers amid inheritance tax change
Pensions are losing their inheritance tax-free status, but Brits don’t have to fall victim as one expert shared the ‘key first step’. …
Over 55s warned they could face a tax ‘shock’ on their retirement income
Thousands may be unaware of the tax implications of their retirement income. …
Families could pay up to 70.5% tax on unused pension funds after Reeves’s Budget
The new pension policy set to take effect will have a “massive” impact on families and their estate planning, an expert has said. …
