To encourage you to put aside money for retirement, the Government effectively nullifies the tax paid on your earnings when it goes into a pension.
Large numbers of people could be missing out on as much as £2,195 in free money ...
Most people saving into a pension don't need to file a self-assessment tax return. However, there are some situations in ...
Higher-rate taxpayers are missing out on an average of £1,756 a year in pension tax relief, figures show. Under current rules ...
More than £1bn of pension tax relief could be being left unclaimed by around 800,000 higher earners each year, according to a freedom of information (FOI) request from LCP partner, Steve Webb ...
"Anyone saving into a personal pension or other ‘relief at source’ scheme can get higher rate relief – but only if they claim ...
Over 800,000 higher earners in the UK are missing out in around £1.4bn in pensions tax relief, new data suggests. Around 6.8 million people paid into a pension via 'relief at source' in 2023/24, ...
The bill for pension tax relief has jumped by £11bn in the past five years. The latest data from HMRC, published today ...
Many UK workers are missing out on pension tax relief, with hundreds of millions left unclaimed each year, new analysis reveals.
Millions of workers could be needlessly handing over thousands of pounds to HMRC by failing to claim tax relief on pension ...
High earners could be at risk of losing a quarter of a million pounds in pension tax relief through failing to reclaim by the ...
The total cost of pension tax relief is set to increase to an estimated £59.1bn for the 2025/26 tax year, figures from HMRC have shown ...