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Pension savers reclaim around £900m in overpaid tax: are you due a refund?

Pension savers dipping into their pot have reclaimed £892m in overpaid tax over the past seven years, latest government figures…

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How do I reclaim higher rate pension tax relief?

You usually pay tax through PAYE if you’re an employee, or directly to HMRC after completing a self-assessment tax return…

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2022/23 tax year: New tax rates and allowances explained

Your personal tax allowance is the amount of money you can earn, or income you can receive, without paying tax….

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What’s in store for your pension in the new tax year?

The State Pension will rise by 3.1% in April this year, and not by earnings growth, as the ‘triple lock…

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Which gifts are exempt from Inheritance Tax?

None of us wants to hand over more Inheritance Tax than we need to the taxman, and the good news…

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How much tax do I pay if I have a second job?

*The Government has announced plans to cut the basic rate by a percentage point to 19% by 2024. To work…

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Make the most of tax year end planning opportunities

Pension savers are generously rewarded by the taxman for saving for the future, so you may want to consider paying…

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Six ways to reduce inheritance tax bills

If you make a gift to charity in your will, there won’t be any inheritance tax to pay on it,…

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How much tax will I pay when I withdraw my pension?

There are two main pension allowances that you should be aware of that have tax implications. You can pay up…

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How pension tax relief works

You’re only entitled to tax relief on a certain amount of pension contributions each tax year, known as your Annual…