Tag Archives: Tax
“Pension wealth” is subject to “EET” – exempt, exempt – but taxed when spent!
Jo Cumbo in an excellent article charts the complexity to the rich of having money as “pension wealth”. The furore over IHT over pension “wealth” is a belief that for the rich, pensions were “EEE”, not “EET” as they are … Continue reading
John Mather’s explanation of how the wealthy have moved away from pensions
The crazy world of freedom from pensions evolved as John Mather describes. I agree with this as a factual explanation of how we got to where we are now. – ed (Henry Tapper) John Mather’s explanation of how we’ve moved … Continue reading
Of old and new; Derek Scott is my master!
As I’m near him in Scotland this week, I will promote some of the remarkable comments on my blog of Derek Scott to the blog itself. This will I hope solicit an invitation to visit him in his Fife Fiefdom … Continue reading
Getting money back from the tax man
I got in late the other night and checked my mail. There was an ominous brown envelope, the kind you get when they’re after you. I walked upstairs to my flat trembling and summoned up the courage to open it. … Continue reading
Time to stop making capital out of WASPI
David Robbins is right to demand that WASPI stops being kicked about like a football – scoring random goals but not in a coherent way. Today’s Conservative line on “waspi” seems to be: – saying money should be no object … Continue reading
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
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