HMRC
Defined Contribution
The estimated cost of pensions tax relief for employees to the government is expected to hit £24bn in this tax year, according to government data.
23 January 2018
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2 min read
Law and Regulation
Michael Klimes examines whether clarification on new money laundering rules will ease additional obligations on schemes.
13 November 2017
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4 min read
Law and Regulation
HM Revenue and Customs (HMRC) has published an internal manual on how value-added tax (VAT) should be calculated for defined benefit (DB) occupational pension schemes.
07 November 2017
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3 min read
Defined Contribution
HM Revenue and Customs (HMRC) paid out £37m in overpaid tax to pension freedoms users in the third quarter of the year, its quarterly figures have revealed.
01 November 2017
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2 min read
Defined Contribution
Just under 200,000 people accessed their pensions using Freedom and Choice in the third quarter of the year, HM Revenue and Customs figures have revealed.
25 October 2017
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2 min read
Law and Regulation
The government has revealed it will enhance HM Revenue and Customs (HMRC) tax registration powers to clamp down on fraudulent pension schemes.
14 September 2017
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1 min read
Industry
A rise in pensioner incomes and the freezing of pensioner tax-free allowance mean one in five taxpayers are now over the age of 65, Royal London says.
31 July 2017
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1 min read
Law and Regulation
Michael Klimes examines what additional obligations money laundering rules introduced in June may put on schemes
28 July 2017
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4 min read
Defined Contribution
More than 10,000 counts of tax overpayment relating to pension freedoms have led to a £26.8m bill for HM Revenue & Customs (HMRC), latest data has revealed.
28 July 2017
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2 min read
