UK Pension Transfers

Class 2 Rate extended until 5 April 2019!

Following a telephone conversation with HMRC last week we can confirm that the Class 2 rate has been extended for the 2018/2019 tax year.

This gives those who have not yet applied, time to quickly apply to receive the Class 2 rate.  Those who wish to purchase an additional year will receive a saving of approximately $1000 on the 2018/2019 tax year.

Good News all round.  But DO NOT delay.  Class 2 rates ARE being abolished and you will need to ACT NOW to secure the best possible rate.