Vale & West Chartered Accountants Blog

Category Archives:Pensions

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

Six million UK workers to pay higher NI contributions after pension changes

Following the abolition of the two-tier state pension, around six million UK workers will face a surprise cut in their take-home pay next month. Read More

State pensions are set to increase as part of Budget changes

According to the Treasury, millions of pensioners can expect to see their spending power boosted to its highest level for 25 years. Read More

Rising inflation and pension deficits could have an impact on pay levels

Employee pay will return to pre-crisis levels by 2017 if current economic trends continue, a think tank has predicted; however, rising inflation and pension deficits risk pushing the prediction off-course. Read More

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