by ClearwaysAccountants | Dec 13, 2017 | Contractor, Pension planning
Beware pension crooks! According to recent reports, MP’s are to look into the effects of the pension freedoms introduced two years ago by George Osbourne. The new pension freedoms allowed you to cash in your pension pot once you reached the age of 55....
by ClearwaysAccountants | Sep 20, 2017 | Contractor, Pension planning, Tax planning
If you work through your own limited company, you can claim tax relief through pension contributions and build your own personal pension. There are two ways of making contributions to your pension fund: personal and company pension contributions. Personal pension...
by ClearwaysAccountants | Sep 7, 2017 | Contractor, Pension planning
There is a savings crisis in the UK and it is estimated by Canada Life, the insurance company, that about 10 million British workers will be forced into taking later retirement. It’s also a worsening picture, with the number of people expecting to have to work longer...
by ClearwaysAccountants | Aug 23, 2017 | Contractor, Pay, Expenses & Benefits, Pension planning, Setting up a Business, Small business advice
Auto-enrolment feels as if it has been around for years now, and for large employers it has been. The smallest companies are now reaching their staging dates – so what do you need to know or do? Check whether you are an employer? It is possible that you were...
by ClearwaysAccountants | Feb 3, 2016 | Pension planning, Small business advice
Auto-enrolment has reached the smallest companies… We have been asked whether a company with only directors on the payroll need to apply for a pension scheme under auto-enrolment? Generally director only companies are exempt i.e. do not have to auto-enrol the...
by ClearwaysAccountants | Oct 20, 2015 | Pension planning, Tax Tips
Beware if anyone approaches you offering to help you release the cash in your pension! Intelligence gleaned from interviews with fraudsters, currently serving time, show that they are rubbing their hands in glee at the opportunities the new pension freedoms provide...
