Earlier this year we talked about pensions and auto-enrolment and covered a number of topics including the legal and compliance requirements under the Pensions Act 2008; the cost to a business of running a pension scheme; and the […]
Pension breaks for high earners The chancellor announced an increase in pension allowances for high earners, increasing the annual cap on tax-free pension contributions from £40,000 to £60,000. In addition to the annual increase, the tax-free lifetime allowance […]
Headlines Income tax and national insurance thresholds The current thresholds for income tax and national insurance will remain frozen for the next five years. This extends by two years the previous announcement made in the 2021 Budget and […]