Vale & West Chartered Accountants Blog

Category Archives:Pensions

HMRC backs down from pension tax case

HM Revenue and Customs (HMRC) has recently withdrawn an appeal in a key court case over a 55 per cent charge it wanted to levy.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

Workers could be missing out by not checking personal tax accounts

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

Automatic enrolment contributions increase: what you need to do

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

Is your workplace pension up to scratch?

More than eight in 10 employees in the UK are now saving into a workplace pension, new figures reveal. Read More

Have you used your unused pensions annual allowance?

HM Revenue & Customs (HMRC) has reminded taxpayers that they can carry forward any unused annual allowance if their pension savings exceed this year’s allowance. Read More

Call to increase auto-enrolment pension contributions

MPs say that automatic pension enrolment is fundamental to funding a new era of retirement, which is becoming increasingly reliant on private rather than public savings. Read More

Auto-enrolment surpasses eight million member target

There are now more than eight million employees saving into a workplace pension thanks to the Government’s auto-enrolment pension scheme. Read More

Minister confirms increase in pension age will be brought forward

The Government yesterday announced fresh changes to the State Pension age, set to affect around six million Britons. Read More

Parliament will not hike NICs for self-employed, says Chancellor

The Chancellor has today announced that the Government will not go ahead with planned hikes in National Insurance Contributions (NICs) for self-employed workers. Read More

Pensioners charged 30 pence on the pound by the tax man

The average retired household has a tax bill of over £7,000, research reveals. Read More

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