Pensions

The £100k+ Success Trap: Is the 60% ‘Ghost Tax’ Haunting Your Personal Allowance?

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April 5th is Looming If you’re on track to earn over £100,000 this year, congratulations are in order—but so is a warning. In the UK tax system, the leap from five figures to six is where the taxman hides his sharpest teeth. Between £100,000 and £125,140, high earners and unknowingly walking into the 100k tax …

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pension tax relief

Can I claim tax relief on pension contributions?

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With the introduction of ‘auto-enrolment’, more and more people are compulsorily required to save towards a personal pension. However, not everyone is aware that they can claim tax relief on these personal (employee) pension contributions! What is pension tax relief and who can get it? When you save into a pension, the government usually gives …

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