Tag Archives: Net Pay
1m lowly paid pension payers will get £70 PA from HMRC
It is a shame I am writing this in 2026 when the promise was made in a Government’s manifesto six years ago and enacted in 2024. The 1m workers who pay into pensions but get no tax relief pay into … Continue reading
Posted in pensions
Tagged amomaly, auto-enrolment, Net Pay, Pensions, RAS, relief at source
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When pension tax avoidance become pension tax evasion
HM Revenue & Customs said on Thursday that from September 1 it would be “lowering the threshold” for requiring evidence in support of requests for pensions tax relief. Claims by telephone will also no longer be accepted and must be … Continue reading
Posted in pensions
Tagged Contribution, Net Pay, Pensions, personal pensions, salary sacrifice, tax aviodance, tax evasion
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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
HMRC boast their negligence to the vulnerable they’ve overcharged for pensions
It’s good that Corporate Adviser is picking up on a scandal broken on this blog 3 months ago. It was broken by HMRC in January , by Kate Upcraft immediately , confirmed by LITR, and communicated to my readers … Continue reading
To those just getting by , workplace pensions are like Flaubert’s manky parrot.
Good morning and happy new year. I was conscious last night that as well as 100,000 of us swilling and singing in the new year on the banks of the Thames, there were many suffering in wet clothing, wet bedding … Continue reading
Treasury deprives the low paid of nine years of savings incentives – with a press release
After 7 years of campaigning that started when Kate Upcraft identified the problem for the Friends of Auto Enrolment, the Treasury has pulled the rabbit out of the hat , righted the wrongs and tried to cover itself in … Continue reading
Posted in pensions
Tagged HMRC, low-paid, Margaret Snowden, Net Pay, net pay action group, NPAG, Pensions, RAS, Ros Altmann, Tax
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Unfair taxes for people working to stay off the breadline.
The consequences of the Government’s tax raid to sort out the NHS and pay for social pay are becoming clear. Here is the FT’s summary; There were some winners from the policy. People receiving only pension income will not be … Continue reading
Why the net pay problem cannot be fixed by partial fixes
This article forms part of AgeWage’s response to the Government’s call for evidence on the administration of pensions tax-relief . Here we look at the steps pension provider can and are taking to make consumers aware of the problems of … Continue reading
Can HMRC find a solution to the net pay anomaly?
This article forms part of AgeWage’s response to the Government’s call for evidence on the administration of pensions tax-relief . Here we look at the steps pension provider can and are taking to make consumers aware of the problems of … Continue reading
Making members aware they are over-paying their pensions
This article forms part of AgeWage’s response to the Government’s call for evidence on the administration of pensions tax-relief . Here we look at the steps pension provider can and are taking to make consumers aware of the problems of … Continue reading