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2. Qualifying recognised overseas pension scheme - Wikipedia

   en.wikipedia.org/wiki/Qualifying_Recognised...

   A qualifying recognised overseas pension scheme, or QROPS is an overseas pension scheme that meets certain requirements set by HM Revenue and Customs (HMRC). A QROPS can receive transfers of British pension benefits. The QROPS programme was part of British legislation launched on 6 April 2006 as a direct result of EU human rights requirements ...

3. Income drawdown - Wikipedia

   en.wikipedia.org/wiki/Income_drawdown

   Uncrystalised Funds Pension Lump Sums or UFPLS, is an additional flexible way to take pension benefits. Rather than move the whole fund into a drawdown arrangement, ad-hoc lump sums can be taken from the pension. Any withdrawals will allow 25% to be taken tax free with the remaining 75% of the fund treated as taxable income.

4. Pensions in the United Kingdom - Wikipedia

   en.wikipedia.org/wiki/Pensions_in_the_United_Kingdom

   Following the passage of the Old Age Pensions Act 1908 a pension of 5/— per week (£0.25, equivalent, using the Consumer Price Index, to £33 in 2023), [2] or 7/6 per week (£0.38, equivalent to £49/week in 2023) for a married couple, was payable to persons with an income below £21 per annum (equivalent to £2800 in 2023); the qualifying ...

5. Automatic enrolment pension thresholds will remain the same ...

   www.aol.com/automatic-enrolment-pension...

   Workplace pensions thresholds under automatic enrolment will remain at their current levels in 2023-24, as households balance saving for their future with day-to-day living costs.

6. Taxation in the United Kingdom - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom

   The 'tax gap' is the difference between the amount of tax that should, in theory, be collected by HMRC, against what is actually collected. The tax gap for the UK in 2013–14 was £34 billion, or 6.4 per cent of total tax liabilities. [71] It can be broken down by tax type

7. New retirement withdrawal rule could backfire in costly way - AOL

   www.aol.com/finance/retirement-withdrawal-rule...

   If you file a federal tax return as an individual and your combined income — your adjusted gross income, plus nontaxable interest you have earned on investments, plus one-half of your Social ...