Welcome to Nicklin Blog
Pension flexibilities afforded to employers throughout the coronavirus pandemic will be removed from 01 January 2021, it has been revealed.
Employers should continue to enrol, re-enrol and contribute towards workers’ pensions whether they are furloughed or not, The Pensions Regulator (TPR) has confirmed.
The Government has announced that it will cover employer National Insurance Contributions (NICs) and pension contributions of furloughed workers.
An increasing number of people saving for retirement have been hit by tax charges for exceeding the amount they are allowed to put away tax-free.
HM Revenue and Customs (HMRC) has recently withdrawn an appeal in a key court case over a 55 per cent charge it wanted to levy.
According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts.
The minimum contribution you and your staff must pay into your automatic enrolment workplace pension scheme has increased.