Tag Archives: Tax
AE’s not a tax, we need to win hearts not raid wallets.
It is now 8 years since a Conservative Government asked for a review of AE bands by what became known as the 2017 AE review; here it is – download here – more people saving more money – a … Continue reading
Workplace savings – not about saving tax but buying pensions
Pensions earned while at work The worry in the papers is that people will stop saving for their pension in retirement because they won’t be getting the same perks from April 2029. The promotion of workplace pensions as a cheap … Continue reading
What am I worth? The FT can tell you in a number of ways…
It’s three weeks till the budget and this one’s causing a lot of concern in the Financial Times Jonathan Guthrie knows exactly what he’s doing winding up what Rachel Reeves is calling those with the “broadest shoulders”. Jonathan knows that … Continue reading
“The payment of tax is voluntary” – a useful thought from Laurence.
This wonderful post from our new friend Laurence , explains that taxation is owned by the people who pay it. If they don’t feel they own it, they won’t pay it. Let us not let Laurence’s tee-shirt become a … Continue reading
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Tagged Boston, Employment, Government, Laurence Field, pension playpen, Tax, Taxation, Treasury
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We don’t need austerity, we need to invest and grow
Martin Woolf has produced an econium to growth and posted it in the FT. People care about their standard of living. Democracy is simply far stronger if it is possible for everybody to become better off. Growth provides that. … Continue reading
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Tagged #pensions, Business, Ecopnium, Employment, Government, growth, Investment, Martin Woolf, pension, Pensions, Tax, Treasury, workplace Pensions
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Young and old – support each other – treat tax speculation as gossip!
Is there a wish for us to read articles in serious papers about young and old at war with each other? I spent a happy family weekend finding out ways I could support my mother and my children, while they … Continue reading
FCA and HMRC “panic warnings” won’t stop people taking cash.
The Government should not make promises on how the state pension operates , or how income tax operates. It doesn’t tell us what it’s going to do with the taxation of pensions after all. The implementation of inheritance tax changes … Continue reading
Schroders worry us about wealth taxes
Schroders finds 85% don’t fully understand potential IHT rule changes because 85% of people aren’t wealthy! The thought of someone else paying tax on what you’ve paid built up in your pension is odd. Another thought that is part of … Continue reading
“Can I swap my pot for a pension to save my folk tax if I die?”
“Can I swap my pot for a pension to save my folk tax if I die?” I get a lot of correspondence from advisers on the impact of changes to taxation of inheritance tax on clients who don’t even make … Continue reading
Is tax-saving all pensions are for – if you’re rich?
Chris Johnston of the FT starts today with news that the amount withdrawn from UK pensions in tax-free lump sums jumped more than 60 per cent over the past financial year, as savers prepare for possible changes to the tax … Continue reading