Simple Pension Statements

Convoluted pension statements are set to be a thing of the past as the Pensions Minister today unveils innovative plans for simple, annual pension statements The move will build on the enormous success of Automatic Enrolment by improving millions of savers’ understanding of their pensions. Boiling it down to the basics, these two-page statements will … Continue reading Simple Pension Statements

Protecting the future of cash

Brits will be able to get cashback from shops without needing to buy anything under new proposals to protect the UK’s cash system announced 15th October 2020. government sets out plans to protect the UK’s future cash system and ensure people have easy access to cashproposals would see cashback offered at shops without consumers having … Continue reading Protecting the future of cash

Call for evidence: tackling disguised remuneration tax avoidance

HMRC welcome views on ways to tackle future use of disguised remuneration tax avoidance schemes. You can Share your views, to help shape the best way to tackle promoters and enablers of these schemes. This call for evidence asks for views and evidence on several issues including: what are the drivers of continuing use of … Continue reading Call for evidence: tackling disguised remuneration tax avoidance

Informing and consulting employees

All employers must inform and consult their employees on: selling the business or buying a new onemaking 20 or more redundancies in a 90 day periodhealth and safety issues Get legal advice if you’re unsure whether you need to tell your employees about something. If you have more than 50 employees you may also have … Continue reading Informing and consulting employees

Open consultation: Pensions tax relief administration: call for evidence

The government is concerned about the potential for a low-earning individual’s take-home pay to be affected by the method of pensions tax relief operated by their pension scheme. The government is keen to explore this issue further to understand what deliverable options for change may exist. This call for evidence seeks views on how certain … Continue reading Open consultation: Pensions tax relief administration: call for evidence