by Martin Dodd | May 1, 2017 | Blog
It is estimated that approximately 800,000 people below the State Pension Age are in receipt of pension income and may be paying tax even though their total income is below the personal allowance. This is according to recent information published by pension provider,...
by Martin Dodd | Apr 2, 2017 | Blog
Stay with me on this one. It’s a slow starter but there is a very serious point I want to make, that is probably affecting you right now and will affect you for the rest of your life, unless you are ready. State pension introduction The Old-Age Pensions Act 1908 was...
by Martin Dodd | Feb 8, 2017 | Blog
The tax year end is fast approaching. So, what should we be thinking about before we’re quickly onto the next one? It’s only a few months away and the year end on the 5th April will soon be here. It might feel at the moment as though there’s plenty of time until the...
by Martin Dodd | Jan 28, 2017 | Blog
For the last three tax year’s the maximum amount that could be invested into a pension each year has been set at £40,000 (called the Annual Allowance). However, if you are a higher earner, the amount that can be invested in this tax year that will benefit from tax...
by Martin Dodd | Jan 22, 2017 | Blog
We’ve all heard about the introduction of ‘pension freedoms’ that came into effect in April 2015 and many investors have taken advantage of the new rules when it comes to taking money out of a pension. Instead of buying an annuity at age 65 when retiring, many people...
