BIZORB'S PICK Additional State Pension

Additional State Pension

Additional State Pension 4.00/5 (80.00%) 1 vote
Saturday 4th November 2017

Overview The Additional State Pension is an extra amount of money you could get with your basic State Pension. It’s based on your National Insurance contributions. How much you get depends on your earnings and whether you’ve claimed certain benefits. There ... Read More »

Deferring Your State Pension

Deferring Your State Pension 3.00/5 (60.00%) 1 vote
Saturday 4th November 2017
No Comments

What you may get If you defer your State Pension you may get extra money. You could get this as either extra State Pension or a lump sum payment. Extra State Pension If you put off claiming your State Pension for at least 5 weeks you may earn extra State Pension. Your State Pension will ... Read More »

Combined Pension Statements For Employers

Combined Pension Statements For Employers 5.00/5 (100.00%) 1 vote
Saturday 4th November 2017
No Comments

Overview The Combined Pension Statement (CPS), previously called the Combined Pension Forecast (CPF), is a voluntary service that lets you combine pension information for your employees in a single statement. This includes details of their State Pension and workplace or personal pension. The information in the statement may help employees plan their retirement, eg by encouraging ... Read More »

The Basic State Pension

The Basic State Pension 4.00/5 (80.00%) 1 vote
Saturday 4th November 2017
No Comments

Overview The basic State Pension is a regular payment from the government that you can get when you reach State Pension age. To get it you must have paid or been credited with National Insurance contributions. The most you can currently get is £107.45 per week. The basic State Pension increases every year by whichever is ... Read More »

Tax On Company Benefits

Tax On Company Benefits 2.50/5 (50.00%) 2 votes
Saturday 4th November 2017
No Comments

Overview As an employee, you pay tax on company benefits like cars, accommodation and loans. The amount of tax you pay depends on the value of the benefits that you get. Your employer takes the tax you owe from your wages. You’ll always pay tax on benefits from your job if: You’re a company director ... Read More »

PAYE Forms: P45, P46, P60, P11d

PAYE Forms: P45, P46, P60, P11d 2.50/5 (50.00%) 2 votes
Saturday 4th November 2017
No Comments

P45 and P46 You’ll get a P45 from your employer when you stop working for them. Your P45 shows how much tax you’ve paid on your salary so far in the tax year (6 April to 5 April). A P45 has 4 parts (Part 1, Part 1A, Part 2 and Part 3). Your employer sends ... Read More »

Plan Your Retirement Income

Plan Your Retirement Income 4.00/5 (80.00%) 1 vote
Saturday 4th November 2017
No Comments

Overview A pension is a way to save money and will give you an income later in your life. You can get a pension from schemes you pay into and from the government. Check how much money you’ll need when you retire You may need more money than just the State Pension when you retire. ... Read More »

Personal And Stakeholder Pensions

Personal And Stakeholder Pensions 3.00/5 (60.00%) 1 vote
Saturday 4th November 2017
No Comments

Overview A personal or stakeholder pension might be right for you if: You want to save money for retirement on top of your workplace pension You’re self-employed and don’t have access to a workplace pension scheme You aren’t working but can afford to pay into a pension Your employer offers it as a workplace pension ... Read More »