Tag Archives: Income tax

“The most kindest cut of all” – axing IHT exemptions would do pensions a favor.

My advice to the Treasury is simple “make DC pension pots taxable as part of the inheritable estate”.  It’s a tax break we can do without  The situation at present is like this Take your money out of your pot … Continue reading

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Pension tax-relief – a fact based argument for change.

  The change I am suggesting would turn pension taxation on its head, it would mean pension contributions would be taxed at more than 60% for high earners but that the lowest earners would be exempt from pension taxation.  Pension … Continue reading

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Free to overpay tax?? – what kind of freedom is that?

Question – when is a freedom a pension freedom? Answer- when its got a big tax-bill attached! The pensions minister Ros Altmann has said the government’s proposals to tax pensions in a similar way to individual savings accounts could be … Continue reading

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Tee Time?

A couple of weeks ago, I spoke with Michael Johnson about what he thought the budget’s proposals for pensions would be. He reminded me of this paper he had sent me in April and suggested that the Budget would be … Continue reading

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#Budget11; a budget about #pensions

Budget 11 is a pensions bombshell Continue reading

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Swapping away your pension increases?

We’re seeing a lot of sponsors asking their trustees to agree that members can be offered a cash inducement or a higher level pension in exchange for their giving up their entitlement to future increased in their pensions. So what should … Continue reading

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