If you are employed or retired, you don’t usually need to complete a self assessment tax return for your income and declare to HMRC (HM Revenue and Customs). Employers and most pension providers will pay you via a payroll system such as PAYE (Pay As You Earn) so...
According to research carried out by PensionBee, around 81% of taxpayers eligible to claim higher rate tax relief through their Self-Assessment tax returns are failing to do so. It is also estimated that around 54% of additional rate taxpayers are also failing to...
When And How Is The Pension Annual Allowance Charge Paid? The dreaded Pension Annual Allowance charge. The charge that can be requested by HM Revenue and Customs (HMRC) from anyone who is contributing too much to their workplace or private pension. Putting savings...
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