What a relief, your pension needn’t be taxing
From April 2015, over 55’s will have far more flexibility in access to their pension pots. The Taxation of Pensions Bill has been published, and… Read More »What a relief, your pension needn’t be taxing
Wealth Management
Safeguarding your estate
Considering what you want to happen to your estate when you die and how to minimise the tax liability. Most of us are probably wealthier… Read More »Safeguarding your estate
Your money: Annuities special feature
Sales fall more than a third The number of annuities sold fell by more than a third between the first and second quarters of 2014,… Read More »Your money: Annuities special feature
Salary or dividends
When is it beneficial for a company owner or director to take a dividend rather than salary? Many people running businesses prefer to do so… Read More »Salary or dividends
Appetite for saving grows
The number of people planning to save over the next 3 months increased from 16% in spring 2013 to 18% in spring 2014, according to… Read More »Appetite for saving grows
New personal tax statement for 24mn people
From October 2014, around 24 million people will receive a personal tax statement from HMRC detailing how their taxes were spent, the Chancellor George Osborne… Read More »New personal tax statement for 24mn people
Residence and domicile
A guide to the differences between residence and domicile for tax purposes Domicile and residence can each have a significant impact on how much UK… Read More »Residence and domicile
Most Brits don’t know their credit rating
Two thirds of UK adults have not checked their credit report in the last five years, according to a survey by the Money Advice Service.… Read More »Most Brits don’t know their credit rating
Annuities switch for pensioners proposed
Pensioners should be allowed to switch to better annuities and escape poor-value schemes, Pensions Minister Steve Webb has suggested. In an interview with the Sunday… Read More »Annuities switch for pensioners proposed
New lifetime allowance could cost savers billions
A reduction in the lifetime allowance (LTA) for pension savings could cost savers billions in unexpected tax charges according to research from Standard Life. The… Read More »New lifetime allowance could cost savers billions