by Michele Fensom | Feb 12, 2026 | Pension
The Additional State Pension is only available to those who reached the state pension age before 6 April 2016 and are receiving the Old State Pension. The Additional State Pension is an extra amount of money paid on top of the basic Old State Pension. The Old State...
by Michele Fensom | Nov 27, 2025 | Pension
The Chancellor has kept the main pension allowances unchanged but has confirmed a new cap on salary sacrifice arrangements that will apply from April 2029. There had been heated speculation that the Chancellor would change the pension rules to help the government...
by Michele Fensom | Oct 2, 2025 | Pension
Your State Pension forecast shows how much you could receive, when you can claim it, and how to boost it by filling National Insurance gaps. The Check Your State Pension forecast service provides a way to understand your State Pension entitlement. This is a joint...
by Michele Fensom | Sep 18, 2025 | Pension
Employers can generally claim tax relief on contributions made to a registered pension scheme by deducting those payments as an expense when calculating their business profits. This reduces the amount of taxable profit and therefore lowers the overall tax bill....
by Michele Fensom | Aug 28, 2025 | Pension
You can claim tax relief on pension contributions up to 100% of earnings, but exceeding the annual allowance may trigger charges. Tax relief is paid on pension contributions at the highest rate of income tax paid. The first 20% of tax relief is usually automatically...
by Michele Fensom | Aug 21, 2025 | Pension
The Money Purchase Annual Allowance (MPAA) is a pension rule designed to prevent individuals from gaining double tax relief on pension contributions. It targets situations where someone withdraws money from their defined contribution pension pot and then reinvests it,...
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