Tag Archives: tax relief

Pensions Austerity – tougher for the rich than the poor?

Speculating on budgetary changes is a mugs’ game and I’ve been as guilty as any of trying to second guess not only the direction but the destination of travel – following the announcements last year of a radical overhaul of … Continue reading

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Auto-enrolment limits – what the DWP aren’t saying!

The DWP’s paper on the Earnings Trigger and Qualifying Earnings Bands(QEB) for auto-enrolment next year is very well written and gives an insight into just how much thought is going into managing the conflicting needs of employers, workers, administrators and…HMRC. … Continue reading

Posted in accountants, auto-enrolment, Payroll, pension playpen, pensions, Pensions Regulator, Treasury, welfare, Workie | Tagged , , , , , , , , , , | 2 Comments

TEE(n) – Why would Osborne do anything else?

  I was re-reading Steve Webb’s article in the Daily Telegraph where he outlines why he thinks Pensions ISAs would be a disaster. The more I read it, the less I get it. Let’s go back to basics. It is … Continue reading

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How the autumn statement will effect pensions and pensioners

There were no big pension surprises in this autumn statement but the Chancellor managed to squeeze some savings from auto-enrolled workers and pensioners. All eyes now turn to the 2016 Budget where the Chancellor is expected to make an announcement … Continue reading

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When organisations believe their own hype

The weird behaviourist thing about Volkswagon’s lack of emissional intelligence is that the “people’s car” is now disowned by its own people. Imagine how proud you must have been to work for VW, remember those proud adverts about the Golf, … Continue reading

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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

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“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

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It’s auto-enrolment what’s done for tax relief!

I was leading a recent research document from the DWP assessing the impact of auto-enrolment, these are the key findings 10 million workers are estimated to be in the eligible target group for Automatic Enrolment. 9 million workers are estimated … Continue reading

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What are you trying to achieve, Chancellor – guest blog from Ralph Frank

The Government’s current consultation on “strengthening the incentive to save” seems to be missing some key background information around what the Government is trying to achieve.  The Consultation seeks to “encourage people to save enough during their working lives to … Continue reading

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Michael Johnson and the Super ISA

This is the latest from tax and pensions supremo – Michael Johnson. Love it or hate it – the pensions ISA or Super ISA as Michael calls it- looks set to dominate our thinking over the next few months   … Continue reading

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