Welcome to our February newsletter…
Digital tax accounts to replace annual tax return
- HMRC has launched a digital accounts system for businesses and individual taxpayers
- Uncertainty over quarterly system
- Accessing digital accounts
We can advise you on managing your account
Early pension exit fees capped
- The Financial Conduct Authority (FCA) will be given the power to cap “excessive” early exit fees on pension pots
- The proposals will see the FCA being independently responsible for determining what the level of the cap on early exit fees will be
- Around 700,000 (16%) customers in contract-based schemes could face some form of early exit charge for accessing their pot
Contact our team about your pension today
Lack of flexible working hampers employers
- Employers may be missing out on the best skilled workers due to not offering flexible working
Talk to us about setting up flexible working
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