pensions tax

Industry expresses concern over potential pension changes in the Budget

Despite being ‘potentially lucrative’

Analysis finds savers have reclaimed almost £1.3bn since introduction of pension freedoms

Firm says changing the way pensions are taxed could release £100bn across five years

PP poll finds 55% anticipate new government will make changes to pensions tax reliefs

Election manifesto promises not to introduce any new taxes on pensions

Analysis finds total amount of overpaid tax paid out since 2015 is approaching £1.2bn

Over £1.1bn has been reclaimed in overpaid pensions tax since freedoms were introduced

PP’s regular columnist looks at HMRC’s idiosyncratic approach to simplification

Trade body says current tax rules discourage savers from using pensions to fund care