Tighter checks on pension relief claims
After discovering that a third of pension relief claims made by PAYE tax codes weren’t correct, HMRC is now tightening checks on claims submitted for pension tax relief.
An insight from the gbac team on all things accounting, finance and more.
After discovering that a third of pension relief claims made by PAYE tax codes weren’t correct, HMRC is now tightening checks on claims submitted for pension tax relief.
Before Parliament closed for its summer recess, the UK government announced there will be another review of the State Pension Age (SPA), which was last reviewed in 2023.
As summer starts to fade, another Autumn Budget approaches… but what changes to UK tax rules can we expect the Chancellor of the Exchequer to announce this autumn?
From January 2026, investors will need to comply with new reporting requirements for purchasing, selling, transferring, or exchanging crypto assets. This will help HMRC link crypto activity to tax records.
In an ominous update for UK workers, the government has confirmed changes and reviews to pensions, including adjustments to unused pension death benefits and the State Pension age.
According to recently published statistics, the company car is experiencing a revival. In 2023–2024, the number of people receiving company cars increased by 80,000 from the previous year.
If any of our latest content leaves you wondering how this may affect your business, our team are on hand to deal with any queries you have.
Complete the contact form below and a member of our team will aim to get back to you within two working days.