Tax

Advisers and industry experts have slammed the government’s proposed cut in the Money Purchase Annual Allowance from £10,000 to £4,000. The Institute and Faculty of Actuaries (IFoA) says reducing the...
People planning their retirement will be able to withdraw up to £1500 from their pension pots tax-free to pay for financial advice, under plans unveiled by the government today. The new Pension...
Over seven out of ten firms are confused by the launch of the Lifetime ISA (LISA) next year given the Government’s parallel initiative of requiring all small firms with one or more employees to also...
There are huge inconsistencies in the support being provided by financial services companies to their high earning employees to help them navigate through the recent tax changes, according to...
HMRC has published details on the take up of protections against a fall in the Lifetime Allowance (available here).  17,453 applications have been received since launch of the online service on 28...
The Lifetime Allowance has been a thorn in many people's sides for a long time now, especially now that HMRC confirmed the tax revenues raised from those who breached it for 2015/16 rose 62% from the...
The top five issues that occupational schemes must tackle after the EU referendum has sailed away – Arron Slocombe, Baker & McKenzie
Radical changes to pension schemes being introduced by government from 6 April 2016 could leave high earners with unexpected and unwanted tax bills of up to £13,500 warns Secondsight, the employee...
Don’t meddle further with pensions tax relief, editor Stephanie Hawthorne warns the Chancellor
Responding to a question from Tory MP Richard Graham today, the Chancellor George Osborne indicated that the Treasury will produce the government’s final response to its pension tax consultation in...