inews.co.uk on MSN13h
Could the Government cut the pension tax-free cash allowance in the Spring Statement?
To be clear, there has been no suggestion tax-free cash will be reduced, either at the Spring Statement or in the future. If ...
Older people on New State Pension could pay more tax in retirement amid changes
This could push over four million pensioners, who rely solely on the New State Pension, above the income tax threshold within ...
Rachel Reeves pension tax bombshell as Chancellor urged to raise personal allowance
The Personal Tax Allowance has been set at £12,570 since 2021, while the state pension has risen annually under the Triple ...
MoneyWeek on MSN12h
Spring Statement: what could Rachel Reeves say about pensions?
The chancellor will deliver her Spring Statement on 26 March. We look at whether there will be any announcements on pensions ...
HMRC handing major tax boost to anyone who has a private pension pot
Labour Party government's tax arm has updated its 'claim tax relief on your private pension payments' and said: "Use this ...
Calls for Rachel Reeves to increase State Pension tax threshold in Spring Budget
Dennis Reed launched a petition on change.org amid concerns over the freeze to the personal allowance of £12,570 ...
New calls to make State Pension payments exempt from income tax
More than 3,400 people have signed a new online petition calling for State Pension payments to be disregarded as income for ...
inews.co.uk on MSN5d
Surge in retirees raiding their pension pots to avoid inheritance tax charges
More pensioners are opting to take pension income early to avoid being double - or even triple - taxed later in life ...
BusinessTech7d
Government doesn’t need tax hikes when it has your pensions
Former statistician-general Pali Lehohla says that South Africa could tap into pensions and the JSE instead of the proposed ...
Young and low-income workers would get major pension boost under expert proposal
The PensionBee expert proposed making a universal tax relief rate of 30%. This would allow low-income savers to build up ...
The Unsung Economic Engine: Retiree Pension Spending
Retiree spending powered by U.S. private and public sector defined benefit pensions is substantial: $1.5 trillion in economic output, supporting 7.1 million jobs.
Campaign to raise personal tax allowance from £12,570 to £20,000 in Budget backed by 84,000 people
Statement is set to be delivered on March 23 and campaigners are urging the Chancellor to increase the tax threshold for state pensions in the upcoming Budget ...