by Cristina Conea | Nov 5, 2023 | Contribution, Gretel, Income, Investment, Pension
Could you have money sitting in lost or forgotten accounts? The cost-of-living crisis is hitting many of us hard, no matter how well off we might be. But there are many people who have money sitting in lost bank or building society accounts, pensions or investments...
by Cristina Conea | Sep 3, 2023 | HMRC, PAYE, Pension
>Pension tax overpayments – £56m returned in Q2 2023 alone, so here’s how to claim People making the most of flexible pension withdrawals have been facing tax overpayments due to miscalculations by HMRC. In Q2 2023 alone, the taxman repaid...
by Cristina Conea | Jun 5, 2023 | NICs, Pension
Anyone with an incomplete National Insurance contributions (NICs) record between April 2006 and April 2016 now has until July 31 to add to their NICs to qualify for a full State Pension after HMRC extended the deadline. Thousands of taxpayers have incomplete years in...
by Cristina Conea | May 1, 2023 | MOT, Pension
Our cars go through MOTs each year once they reach a certain age, but have you ever thought of giving yourself an MOT? The Government is offering a free midlife MOT for those in their 40s, 50s and 60s to help them make the right financial decisions for retirement. The...
by Cristina Conea | May 1, 2023 | Allowance, Pension, Tax
The Chancellor made some major changes to the pension rules in the March Budget, and one key amendment has made using something called ‘Carry Forward’ rules much more beneficial for pension savers. How does Carry Forward work? The Carry Forward rules allow...
by Cristina Conea | Apr 2, 2023 | Allowance, Pension, Tax
Pensions got a major overhaul in the Chancellor’s Budget announcements, with an increase in the amount you can put into your pension each year and an effective removal of the limit that your pension can reach before facing significant penalties of as much as...
