HMRC launches pensions checking tool

The Revenue has launched a new online tool for pension scheme members to check whether they have to calculate an annual tax liability.

The tool will also help members to see if they need to complete an SA return and is available even if users have not received a pension statement.

Those who already know whether they need to calculate an annual allowance charge can use HMRC’s pension savings annual allowance calculator.

The online tool was implemented after...

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