Reductions To The Annual Pension Allowance

Reductions To The Annual Pension Allowance

The annual pensions allowance is set to change on 6 April 2016 if your “threshold” income exceeds £110,000 and your “adjusted” income exceeds £150,000. For most people the annual allowance is £40,000, but should your income exceed the above limits the allowance (which...
Pension Auto Enrolment Top Tips

Pension Auto Enrolment Top Tips

Thousands of British Businesses are starting Automatic Enrolment in the coming 12 months here are our Top Tips for success: Don’t ignore the issue – it won’t go away! Also you cannot try to encourage employees to choose not to enrol, it may come back to haunt you....
National Insurance Contributions Top Up Scheme

National Insurance Contributions Top Up Scheme

Those people who reach state pension age prior to 6 April 2016 are being offered the chance to make voluntary national insurance contributions to boost their state pension. The contributions are known as class 3A and the scheme through which the contributions will be...