The firm explains: “As a child will rarely have earnings, you can usually only pay up to £2,880 into a child’s pension for the 2024/25 tax year. When you factor in the 20% in tax relief from the ...
The Government said it wants to continue to offer tax incentives for people saving into pensions, such as tax relief on contributions. But it wants to include pensions into estates to encourage savers ...
One pot amounting to a third of the pension fund, would be a savings pot that workers could access once a year ... The Bill needs to provide for immediate relief to embattled workers when it comes ...