Over 4.2 million HMRC app downloads in 2025. More than 136 million logins, a 20% increase on 2024. Older and retired people … Continue reading HMRC app surge on those taking control of their tax
HMRC app surge on those taking control of their tax
Tag: Pension
Budget 2025 – Collective money purchase schemes
As part of budget 2025 announcements have been progressed in relation to collective money purchase schemes. What a CMP The … Continue reading Budget 2025 – Collective money purchase schemes
Disguised remuneration: tax avoidance using unfunded pension arrangements
Tax avoidance arrangements seeking to avoid Corporation Tax, Income Tax and National Insurance contributions by using unfunded pension arrangements. HMRC … Continue reading Disguised remuneration: tax avoidance using unfunded pension arrangements
Salary sacrifice pension attitudes
In March 2023, HM Revenue and Customs (HMRC) commissioned IFF Research to undertake research to understand the experiences, motivations, and … Continue reading Salary sacrifice pension attitudes
When NET is not what you think!
What should be one of the most simplest terms in use turns out to be one of the most complicated. … Continue reading When NET is not what you think!
Automatic Enrolment: the Earnings Trigger and Qualifying Earnings Band Review 2025/2026
The following was announced on Tuesday 21st January 2025: Automatic enrolment (AE) into workplace pensions has transformed workplace pension saving … Continue reading Automatic Enrolment: the Earnings Trigger and Qualifying Earnings Band Review 2025/2026
Torsten Bell appointed Minister for Pensions
Torsten Bell MP has been appointed Parliamentary Secretary in HM Treasury and Parliamentary Under Secretary of State in the Department … Continue reading Torsten Bell appointed Minister for Pensions
Home Responsibility Protection – Don’t miss out
If you're missing Home Responsibilities Protection (HRP) from your National Insurance record, it could be affecting your State Pension. Home … Continue reading Home Responsibility Protection – Don’t miss out
10,000 boost State Pension with online payments
Individuals have less than 6 months to fill any gaps in their National Insurance records from April 2006 onwards to … Continue reading 10,000 boost State Pension with online payments
Check you’re not missing State Pension payments
Thousands of people missing Home Responsibilities Protection on their National Insurance record could boost their State Pension HM Revenue and … Continue reading Check you’re not missing State Pension payments
April 2025 RTI changes latest
The HMRC Software Developers Support Team (SDST) have issued an update on the RTI changes for April 2025. The following … Continue reading April 2025 RTI changes latest
August 2024 Employer Bulletin
HMRC have issued the August 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, … Continue reading August 2024 Employer Bulletin
Pensions Big Bang
Landmark pensions review part of Government’s mission to ‘boost growth and make every part of Britain better off’. Chancellor … Continue reading Pensions Big Bang
New Pension Minister – Emma Reynolds MP
Emma Reynolds has been appointed as Parliamentary Secretary at HM Treasury and the Department of Work and Pensions on 9th … Continue reading New Pension Minister – Emma Reynolds MP
Pension rights when on maternity leave
Pension contributions during Statutory Maternity Leave One of the common questions in payroll and employment rights social media groups is … Continue reading Pension rights when on maternity leave
£900 rise to state pension
The State Pension is increasing by 8.5 percent… as part of the Government’s commitment to support pensioners in retirement Millions … Continue reading £900 rise to state pension
Pension AE: Earnings Trigger and Qualifying Earnings Band Frozen for 2024/25
Automatic enrolment (AE) into workplace pensions has been a great success to date. Since 2012 over 11 million people having … Continue reading Pension AE: Earnings Trigger and Qualifying Earnings Band Frozen for 2024/25
Putting savers at the forefront and supporting the UK economy
Paul Maynard, Minister for Pensions Minister for Pensions Paul Maynard addressed an audience at the Professional Pensions Investment Conference on … Continue reading Putting savers at the forefront and supporting the UK economy
Pension AE changes on the way – but when?
Private Members’ Bill to help millions save more into their pension and start saving sooner has cleared Parliament and been … Continue reading Pension AE changes on the way – but when?
State pension 75 years old
75 years ago on 5th July 1948, the modern #StatePension was introduced. Starting from £67.60 a year in 1948 to … Continue reading State pension 75 years old
Deadline for voluntary National Insurance contributions extended to April 2025
More time is given to pay National Insurance contributions towards State Pension. Taxpayers now have until 5th April 2025 to … Continue reading Deadline for voluntary National Insurance contributions extended to April 2025
April 2023 Employer Bulletin
HMRC have issued the April 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading April 2023 Employer Bulletin
Deadline extension for voluntary National Insurance contributions
Thousands have been given more time to fill gaps in their National Insurance record and help increase the amount they … Continue reading Deadline extension for voluntary National Insurance contributions
Chancellor delivers plan for stability, growth and public services
The Chancellor has, Thursday 17th November 2022, announced the Autumn Statement, its aim to restore stability to the economy, protect … Continue reading Chancellor delivers plan for stability, growth and public services
Consultation on NHS pension changes to boost winter workforce
NHS pension scheme changes could be extended to allow retired staff to retain pension benefits if they return to the … Continue reading Consultation on NHS pension changes to boost winter workforce
New pension scheme type launched
Collective Defined Contribution pension schemes, or CDCs for short, will offer an alternative to the UK’s two primary pension scheme … Continue reading New pension scheme type launched
1.2 million low earners to see boost in take-home pay
Low earners who save through a Net Pay Arrangement (NPA) pension will get the same level of government top-up as … Continue reading 1.2 million low earners to see boost in take-home pay
Minister calls on pension schemes to get “data ready” for dashboards
Minister for Pensions Guy Opperman has called on pension schemes of all types and sizes to make sure their data … Continue reading Minister calls on pension schemes to get “data ready” for dashboards
June 2022 HMRC Employer Bulletin
HMRC have published their June 2022 edition of the employers bulletin. It covers a multitude of topics. A primary focus … Continue reading June 2022 HMRC Employer Bulletin
Eligible pensioners urged to apply for Pension Credit
Pensioners and their loved ones are being urged to take-up Pension Credit, as a new campaign is launched to help … Continue reading Eligible pensioners urged to apply for Pension Credit
New measures introduced to protect savers and boost pension guidance take-up
New rules to ensure savers are fully informed of their options when seeking to access their pension pots became law … Continue reading New measures introduced to protect savers and boost pension guidance take-up
New CDC pension scheme one step closer
A new type of pension scheme delivering reliable returns – and potentially boosting retirement incomes for millions, will soon become … Continue reading New CDC pension scheme one step closer
New rules put pension savers’ interests first
Plans to protect small pension pots from being eroded by charges will be introduced in April 2022. Hundreds of thousands … Continue reading New rules put pension savers’ interests first
New measures protect pension savers from scams
New measures to protect pension savers and help stop scam transfers in their tracks became law Monday 8th November 2021. … Continue reading New measures protect pension savers from scams
Annual review of State Pension and Industrial Death Benefit rates
The Secretary of State for Work and Pensions explains uprating for State Pension and Industrial Death Benefit in relation to … Continue reading Annual review of State Pension and Industrial Death Benefit rates
Increasing the normal minimum pension age: consultation response
In its response to the consultation on how to implement the normal minimum pension age increase and the proposed protections … Continue reading Increasing the normal minimum pension age: consultation response
Savers urged to be savvy before shifting savings
Plans to support savers seeking access to their pension pots agave been outlined in a change to ensure people are … Continue reading Savers urged to be savvy before shifting savings
Employers: Your business might have changed, but your workplace pension duties haven’t.
The Pensions Regulator is reminding employers that while the workplace has changed due to the pandemic, their workplace pensions duties … Continue reading Employers: Your business might have changed, but your workplace pension duties haven’t.
Simpler information to transform pension understanding for savers
Savers will have a much clearer picture of their pension pots from next year, thanks to government plans to introduce … Continue reading Simpler information to transform pension understanding for savers