Pensions experts have criticised a rumoured government policy to raise the tapered annual allowance threshold income, calling it a sticking plaster that will not solve the underlying problem.
"The Personal Allowance - the amount an individual can earn before paying tax - will continue to exceed the basic and full ...
I've written here several times about the disaster built into NHS pensions (see here and here, for example). Thanks to the current annual allowance and taper system (see below for a brief explanation ...
The pension lifetime allowance has been scrapped in a surprise announcement by the chancellor Jeremy Hunt. As part of the Spring Budget, Hunt also hiked the £40,000 pension annual allowance to £60,000 ...
The full New State Pension will increase by around £574 from April 2026 - lifting it to £12,547 per year. The uprating leaves ...
On the go: At least 34 per cent of all people who exceeded the annual pension contribution allowance in 2019-20 were members of the NHS pension scheme. Recent data from HM Revenue & Customs and ...
"The Personal Allowance - the amount an individual can earn before paying tax - will continue to exceed the basic and full new State Pension in 2025/26. This means pensioners whose sole income is the ...
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