Tag Archives: HMRC
When tax incentives go unpaid to those buying workplace pensions!
This is an article from This is Money , published in March 2026 – you can read the original here You can read the story of the man who asked Steve Webb the question when he found out he’d been … Continue reading
Getting money back from the tax man
I got in late the other night and checked my mail. There was an ominous brown envelope, the kind you get when they’re after you. I walked upstairs to my flat trembling and summoned up the courage to open it. … Continue reading
Workplace savings – not about saving tax but buying pensions
Pensions earned while at work The worry in the papers is that people will stop saving for their pension in retirement because they won’t be getting the same perks from April 2029. The promotion of workplace pensions as a cheap … Continue reading
FCA and HMRC “panic warnings” won’t stop people taking cash.
The Government should not make promises on how the state pension operates , or how income tax operates. It doesn’t tell us what it’s going to do with the taxation of pensions after all. The implementation of inheritance tax changes … Continue reading
Does HMRC care about DC savers who want their money due them?
More than half a million people have now been forced to reclaim tax they never owed after dipping into their pensions, with former pensions minister Steve Webb saying the system is “designed for the convenience of the tax office, not … Continue reading
Reeves – winter fuel and the politicisation of older age finance
There is a press release outlining the restoration, find it here £200 a year for the “young old”, £300 a year for those over 80, everyone over 66 will benefit from the u-turn except those who have income of more … Continue reading
Helping HMRC get short-changed pension savers some belated money back next year.
A letter of thanks to LITR and a promise of co-operation to HMRC I look forward to joining a Teams today, I am sorry not to be at Croydon at HMRC offices to do this properly. I hope that as … Continue reading
Next year’s pension scandal will have been ten years in the cooking
Things move slowly in Pensions, the Irish are waking up to their not getting auto-enrolled workplace pensions till 2025, even though I’ve been told by David Harris, that they’re just around the corner since 2010. But this blog is not … Continue reading
Posted in pensions
Tagged DWP, HMRC, National Employment Savings Trust, net-pay, pension, Pension new, pension playpen, Pensions
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Why should we worry if people spend their pensions?
“It’s extremely worrying that so many more people are withdrawing funds from their pensions and at higher rates,” said Alice Guy, head of pensions and savings at investment platform Interactive Investor – (FT) The news is that we are spending … Continue reading
Give me freedom from this pension freedom!
Here is a snip of information that has shocked and outraged many pension commentators. I will start with some simple advice from the Low Income Tax reform Group (LITR) You may be able to draw money out of your money … Continue reading
Posted in pensions
Tagged CDC, eventual annnuities, HMRC, LITR, SeLFIES, SteveWebb, Tax
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