A recent post from Beesure's Alex Palmer gave an important insight into tax and allowances as we enter the new tax year for 2021/2022. While certain allowances such as an individuals ISA subscription and annual pension allowance present opportunities to...
UKs pension system
New tax year 2021/2022: Tax & Allowances At the start of the new tax year, it is useful to run through the new tax rules and allowances, as well as which allowances will be frozen for the next five years. Income Tax The personal allowance, which is the...
In 2015, Former Chancellor George Osborne announced the biggest change to the UKs pension system in decades with the introduction of pension freedoms. Pension freedoms enable members of defined contribution pension schemes to access their savings early from age...
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