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 ...

After a rocky first six months in charge of the nation’s finances, chancellor Rachel Reeves is in political ‘reset’ mode.

As more people seek ways to reduce their tax liability after recent Budget changes, families are reminded of a gifting option ...