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Pensions

Expert commentary and practical guidance from ICAEW related to pensions in the UK personal tax regime.

In this section

Practical guidance

TAXguide 05/15

Company Directors - PAYE Real Time Information. A questions and answers guidance note.

Features and articles

Tax news in brief

Highlights from the broader tax news week ending 20 January, which includes: HMRC to amend CJRS guidance over annual pay, updates to ICAEW's support on options for self-assessment deadlines, HMRC webinar to help avoid pension scams, and potential VAT implications for Gibraltar post-Brexit.

Tax penalties on pensions and how to avoid them

UK nationals risk up to 55% taxation if pension funds exceed the lifetime allowance on any one of 13 Benefit Crystallisation Events (BCEs) and 25% on some overseas pension transfers. But there are steps to take to limit exposure, writes Jason Porter, director of specialist expatriate tax and wealth management firm Blevins Franks.

In-specie pension contributions

Ross Welland examines the 2020 Upper Tribunal case of HMRC v Sippchoice concerning in-specie pension contributions. He covers the facts, the case itself and the implications of the tribunal’s decision.

Bloomsbury Core Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Core Accounting and Tax Service.

Pensions and life assurance

Chapter providing practical advice on pensions and life assurance in relation to inheritance tax planning.

Savings and investments

A full chapter on the taxation of pensions and benefits in the UK, written for tax practitioners.

Providing for pensions and life assurance

Expert guidance on pensions and life assurance taxation in relation to business partnerships.

Pension scheme strategies

Advice on tax planning for pension schemes, written for anyone who advises or runs a family or owner-managed company.

Pension funds

Chapter providing information for tax advisers on UK tax rules relevant to pension schemes.

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Further support

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