Don’t be caught by the pension tax trap

Don’t be caught by the pension tax trap

Pension freedom rules that make it easier for investors to access their pension savings may lead to excessive tax bills.   The pension freedom rules allow anyone aged 55 or over to access their personal pension funds, but there are complicated rules on how withdrawals...
Stuck in frozen tax thresholds?

Stuck in frozen tax thresholds?

The erosion in the values of tax thresholds is known as ‘fiscal drag’, and is a highly-effective form of stealth tax used by Chancellors from successive governments. Fiscal drag is the result of not adjusting tax thresholds (or allowances) in line with inflation....
New focus on inheritance tax

New focus on inheritance tax

The government has requested a review of inheritance tax (IHT), focusing on making the system less complicated. The Chancellor, Philip Hammond, has asked the Office of Tax Simplification (OTS) for “proposals… for simplification, to ensure that the system is fit for...
Page 1 of 212