Chancellor Rachel Reeves has said that people whose only income comes from the state pension will not have to pay tax. The ...
If someone’s spouse or civil partner dies, they may be able to inherit part of their additional State Pension, which will be paid on top of the surviving spouse’s State Pension when they reach the ...
Over half a million people are enhancing their State Pension by more than £5,000 per year through inheritance. A Freedom of Information (FOI) request by pensions mutual Royal London revealed that in ...
Personal finance expert has warned that State Pension recipients with any additional income will face tax from 2027 due to ...
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At 71, I’m paying tax on my £16,000 state pension – I’ll have to get a part-time job
In the next few years, millions of retirees will be dragged into owing income tax on their state pensions. As the state ...
Rachel Reeves has been accused of creating a “two-tier” tax system for pensioners that punishes workers with a private ...
Such a sum would normally be collected by the ‘Simple Assessment’ process where HMRC does all the calculations and sends the ...
Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover topics including: ...
The idea of exempting certain pensioners from income tax risks creating new unfairness and complexity, according to LCP ...
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