Helping employees understand current and future tax consequences of their pension savings
Reduced limits on tax relief for pension savings have been in force for a number of years and further changes applied from April 2020. Many employers have put in place flexible pension provision. It is clear that employees need ongoing support to avoid tax surprises and to make full use of the tax relief allowances and options available to protect existing savings.
We have created a web-based Pensions Tax Modeller for employers wishing to help members of their defined benefit and defined contribution pension schemes.