Pension factsheet updates
HMRC have updated four pension factsheets which provide a brief overview of the tax rules on pensions:
Pension Tax and You – This factsheet explains the rules about how much tax relief an individual
canget on their contributions. It also includes Questions and Answers on topics including, the tax
limits,who administers a pension scheme and small pension funds.
Pension Tax Relief and Individuals with International interests – This factsheet explains the tax
ruleon pensions for individuals with overseas pension schemes. The factsheet includes details of
theearliest date a pension can be taken and some tips for those moving abroad or moving to the
Pension tax and Employers – This factsheet explains the tax rules for employers and what tax
reliefemployers are entitled to on pension contributions. The factsheet also includes details on
administering a pension scheme and the key features of pensions tax.
Role of a Scheme Administrator – This factsheet lists the key facts about the role of a pension