Rachel Reeves has been warned that making changes in the Budget to the amount of cash people can withdraw tax-free from their ...
As the Government attempts to balance the books in the upcoming Autumn Budget on November 26 and tackle the 30–50 billion black hole in the country’s finances, speculation is mounting about how the ...
Labour Chancellor Rachel Reeves hinted recently there could be tax increases in the Budget and it is feared she could scrap a ...
Taking up to 25 per cent from your pension free of tax is a popular perk at retirement – so speculation that it could come ...
Have you been refused from returning a tax-free pension cash lump sum within 30 days of taking it by your pension provider? Let us know by emailing [email protected]. Savers who panicked and ...
Tax-free pension cash could be cut in the autumn budget — here are three factors to consider before taking cash out of your ...
For decades, pensions have been the cornerstone of retirement planning in the UK. Tax relief on contributions, tax-free ...
Recycling your pension by reinvesting will help savers gain maximum tax relief, which is applied to pension funds.
Pension experts have warned that taking a tax-free lump sum without a proper plan can be a disaster for someone's retirement ...
Savers withdrew funds at unprecedented levels during the 2024/25 financial year, with total withdrawals jumping 36 per cent compared to the previous period.
Prudent savers who returned their tax-free lump sum back into a pension could face an eye-watering tax bill of up to 70%. Under current HMRC guidelines, people can usually take 25 ...
A taxpayer has total 2024/25 income of £52,565.  Taxpayer has reeived a pre-2016 State Pension lump of £150k with BR tax withheld by DWP.  Return ...