Pensions and Tax Overview

Pension tax changes – overview

The tax relief applicable to pensions has changed a number of times since 2010 and on 6 April 2016, some further changes came into effect.

HM Revenue & Customs provide guidance for individuals on their website that you may find useful: www.gov.uk/tax-on-your-private-pension

MyCSP has a service for employers to help you and your senior staff understand the impact of changes to pensions taxation. Details of this service can be found using this link

Nothing on this page should be taken as financial advice.

You should consider matters carefully before making any decisions and may wish to consult an independent financial adviser for advice.