Tag Archives: relief at source
85 million reasons for change! Why pension tax relief is front page news.
The Daily Express has picked up on the “loophole” caused by the increase in the nil rate band that is denying £85m of pension tax relief at source to part time workers (and the very low paid) in occupational pension … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Defined benefit pension plan, DWP, Employment, Government, HMRC, NAPF, net-pay, occupational pensions, Pension new, pension playpen, pensions, relief at source, tax relief, Treasury
1 Comment
“Low earners miss out on £85m pension tax relief” – and why!?
“Millions of part-time workers are being denied valuable tax-breaks on their pension contributions as government officials knowingly all low them to save into schemes that will not pay them relief they are entitled” So thundered the FT (26/09/15) and it’s … Continue reading