Reduced protection for mortgage payments

Reduced protection for mortgage payments

Changes to the government’s scheme supporting people unable to make their mortgage repayments – Support for Mortgage Interest or SMI – could have significant consequences for struggling home owners. From 6 April 2018 SMI ceased to be a benefit payment and became a...
The savings from relevant life assurance

The savings from relevant life assurance

A little-known type of life assurance plan could provide you – or your employees – with highly tax-efficient life cover. A ‘relevant life policy’ (RLP) is a special type of life assurance which an employer can provide without any benefit-in-kind tax charge on the...