The Pension Changes Employers Need to Know About

All employers, including small businesses, need to be aware of changes to auto-enrolment pension schemes that take effect in the new tax year.

Starting on 6 April 2019, employers will need to increase the minimum contributions that they and employees pay into an auto-enrolment workplace pension scheme.

1 in 5 pensioners face tax return ‘misery’

We all know that filling out a tax return can be painful, but while you might have thought that retirement would release you from HM Revenue & Customs’ clutches, that no longer seems to be the case.
The number of pensioners who filed a tax return last year hit 1.7m, a figure that has jumped significantly in the last two decades.
Figures obtained from HMRC by insurance company Royal London show that in the 2015-16 tax year, 1.7m of the 10m who completed an individual tax return were aged 65 or older.
More than 250,000 of these tax return pensioners were aged 80 or over.