Perhaps the coda to this should be that a majority of Brits do not fear a fall in their standard...
Tax
“More than a third of pots non-advised when entering drawdown”
Three headlines this week which should give rise to at least a bit of concern amongst the adviser...
“Call for system overhaul as HMRC pays back £42mn in pension tax”
Next year’s budget (who knows who’ll be presenting that) will be the tenth anniversary of ‘Pension...
“New call for £15,000 personal tax allowance threshold for people on State Pension”
Currently around 11m of us file a tax return by that awful deadline of 31st Jan. That might sound...
“TV presenter wins 10-year IR35 battle against HMRC”
The infamous ‘IR35’ dates from the Gordon Brown (kids etc.) era. It was intended to stop...
“Inheritance tax on course for record year of receipts (again) amid calls to scrap it”
Will he/won’t he abolish Inheritance Tax? The Pre-Budget rumour is still out there, perhaps...
“IHT to be ‘battleground policy’ in general election as receipts continue to grow”
Just when you thought Inheritance Tax was to become yesterday’s news, it’s back as, apparently and...
“Donating to charity via a will could see beneficiaries profit”
Including gifts to charity in your will is a nice thing to do, but it’s often only for those...
“HMRC scraps plans to tax pensions after death”
A couple of other Statement Highlights (in my world, anyway). A welcome ‘nothing happened’ on the...
“Raising IHT threshold could cost government £6bn”
Well, the lesson of this week in politics must be to expect the unexpected. Or, alternative...
“Talking to clients about cohabitation, intestacy and inheritance”
You’d be surprised at how many we meet who’ve never ‘got around’ to getting married, sometimes...
“Top Tories want to cut Stamp Duty or abolish Inheritance Tax after by-election thumpings, reports”
I have to say my first reaction to this was anger, that these ‘Top Tories’ would think that enough...
“Govt says review into tax reliefs ‘not best use of resources'”
This sounds like common sense. Every Budget’s continual tinkering with every aspect of our tax...
“IFS: scrapping inheritance tax hands £1mn to richest 1%”
To say that Inheritance Tax is all in the mind would be an exaggeration, but it is true to say...
“Are Brits too reliant on inheritance for their retirement plans?”
The answer is, in many cases, probably yes, and as less and less of the next generations have or...