![A desk with a piggy bank, a wallet,pair of glasses, a calculator and a notepad with the word 'PENSION' written on the front in red marker pen. A desk with a piggy bank, a wallet,pair of glasses, a calculator and a notepad with the word 'PENSION' written on the front in red marker pen.](/sites/default/files/styles/responsive_4_3_600w/public/2024-07/pension_pitfalls.png?h=361d00c2&itok=5peP7c2G)
Pension pitfalls
Think of taking money out of your pension? Watch out for possible traps, including unexpected tax charges and limiting future pension contributions. ...
Think of taking money out of your pension? Watch out for possible traps, including unexpected tax charges and limiting future pension contributions. ...
The Low Incomes Tax Reform Group (LITRG) says this week’s long-awaited announcement of the launch of a Single Enforcement Body (SEB) for employment rights is a step in the right direction to protect low-income umbrella company workers. But LITRG says the inevitable time and complexity involved in se...
The Self-Employment Income Support Scheme (SEISS) grants are payments made by the government to eligible unincorporated businesses which have been adversely affected by the coronavirus pandemic. ...
Some non-compliant umbrella companies pay workers part of their wages in the form of non-taxable loans, grants, advances etc. If you have received a letter headed ‘We think you may have been involved in tax avoidance’ from HMRC, you may be working for one of these umbrella companies and you need to ...
If you have been involved in a loan scheme and receive either a letter from an organisation (or their solicitors) purporting to now own your loan, or a Statutory Demand for payment – do NOT ignore it. We suggest that you ...
The Low Incomes Tax Reform Group (LITRG) is adding its voice to growing calls for regulation of umbrella companies, starting with implementing previous proposals. So far proposed legislation has not been implemented, the Single Enforcement Body has not materialised and there is no current Director o...