His Majesty's Revenue and Customs (HMRC) has updated its international manual, providing guidance on the tax treatment of lump sum pension payments in accordance with the UK's double tax agreements ...
In the final three months of the year, HMRC had processed 13,652 tax repayment claim forms for pension flexibility payments.
Over 55s could leave themselves £63,000 worse off by taking their 25% pension tax-free lump sum early rather than leaving it invested, new research suggests. Someone aged 55 who decided to take out ...
New figures from HM Revenue and Customs ( HMRC) reveal the taxman handed back £48.7 million between April and June last year to pensioners who'd been hit by overpaid tax on their retirement pot ...
Pension providers enable self-employed workers to build up a pot of money for retirement by investing their contributions, boosted by associated tax relief, in a range of assets. While employees are ...