HMRC

Crisis averted, for now

Payrolling of P11Ds is a step nearer as HMRC reveals its service. Owain Thomas examines the details and two important consultations.

Statistics from HMRC reveal 146,000 people have accessed around £2.72bn since the introduction of pension freedoms in April.

Extension to £1,000 could help confront 'inconvenient truth' about access to advice

The number of companies offering tax-advantaged share schemes has doubled since 2000 but plans open to all employees have dipped to their lowest level during the period.

Urgent action needs to be taken if schemes are to meet deadlines for reconciling GMP data says Helen Morrissey.

The biggest stories on PP this week included political controversy surrounding the pensions minister, annual allowance charges and planned changes at the Pensions Ombudsman.

Lawyers have warned that defined benefit (DB) schemes face unnecessary extra VAT charges unless HM Revenue and Customs (HMRC) makes it less complicated for them to reclaim tax.

The clock is ticking, but schemes aren't showing much urgency

Annual allowance reductions mean more people will incur tax charges but how many members know this? Helen Morrissey looks at what schemes should do to help members meet their responsibilities.