HMRC confirms pensions tax relief arrangements for Scottish Income Tax payers

Victoria Tichá
clock • 2 min read

HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.

The guidance released by HMRC on 21 February explained how pension tax relief will work for Scottish taxpayers, clarifying the rules around pensions tax relief for the new income tax bands. Acco...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

TPR urges trustees to respond to FCA targeted support consultation

TPR urges trustees to respond to FCA targeted support consultation

The Pensions Regulator says it wants to work with trustees to get this right

Jonathan Stapleton
clock 01 July 2025 • 1 min read
Targeted support 'cannot come soon enough' for workplace pensions

Targeted support 'cannot come soon enough' for workplace pensions

Easing the regulatory regime could ‘unlock the gates’ to support those not accessing advice

Jonathan Stapleton
clock 30 June 2025 • 2 min read
FCA unveils targeted support plans

FCA unveils targeted support plans

Regulator also asks trustees for views as to how they might want to provide targeted support

Professional Pensions
clock 30 June 2025 • 3 min read
Trustpilot