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Currently, workers on more than £50,271 can claim tax relief on their pension contributions at a rate of 40 percent, which matches the income tax rate payable. Daily Express :: Finance Feed
Read More »Tag Archives: contributions
State pension shock as millions won’t get full sum because NI contributions ‘didn’t count’
Millions face a shock state pension shortfall when they hit retirement despite making 35 years of National Insurance contributions. Why is this happening? Daily Express :: Finance Feed
Read More »State pension underpayments – can you get a refund if you overpaid NI contributions?
Older Britons could be due payments up to £12,400 after DWP errors meant they missed out on payments. Daily Express :: Finance Feed
Read More »Retirement expert reveals that pension contributions should change with living wage rises
LIVING wages are about to rise across the UK. The national living wage will rise by 6.2 percent in April, which the government refers to as the ‘biggest cash increase ever’. This rise presents opportunities to rectify financial health in other areas. Daily Express :: Finance Feed
Read More »State pension: Ensure you’re eligible with national insurance contributions – top up now
NATIONAL insurance contributions determine how much money a person will receive from their state pension when they retire. National Insurance is paid over a lifetime and a minimum amount of years will be needed to receive anything at all. Voluntary contributions can be done to top up any shortfalls but there will be costs for this. Daily Express :: Finance ...
Read More »Bernie Sanders Has Over Four Times The Latino Campaign Contributions Of Any Primary Candidate, Study Says
A study published Thursday by Plus 3 shows that Vermont Sen. Bernie Sanders has received over four times the amount of campaign contributions from the Latino community than any other Democratic presidential candidate. Specifically, The Hill reports that Sanders has received over $ 8.2M from Latinos, which is $ 6M more than the $ 2M earned by his closest competitors, ...
Read More »Pension tax relief: How some taxpayers can get extra tax relief on contributions explained
PENSION contributions into a private pension are something many people will make during their lifetime, benefitting from tax relief. Some taxpayers can enjoy additional rate tax relief on their personal pension contributions – how? Daily Express :: Finance Feed
Read More »How pension contributions could help reduce Income Tax and avoid Child Benefit charge
PENSION contributions are something many people will make, with a vast number of employees now automatically enrolled into a workplace pension. What impact can pension contributions have on Income Tax and the High Income Child Benefit Tax Charge? Daily Express :: Finance Feed
Read More »Pension warning: Part-time workers could be missing out on ‘vital’ pension contributions
PENSION contributions are something which many will make automatically, following the introduction of pension auto enrolment. Today, some part-time workers are being warned that they could be missing out on making “vital” pension contributions. Daily Express :: Finance Feed
Read More »State pension amount: Surge in people topping up NI contributions – but warning is issued
THE STATE PENSION amount that one gets depends on their National Insurance record. HMRC figures published today show the total of voluntary “Class 3” National Insurance Contributions has risen. Daily Express :: Finance Feed
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