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Tag Archives: Tax
Why special pleading on the MPAA brings “pensions” into disrepute
In a letter to the Treasury ahead of this month’s Budget, more than a dozen companies, including leading pension groups and trade associations, have urged ministers to change the rule that governs how much can be saved into a pension … Continue reading
Getting your children up the pension ladder
Pension Bee have come up with an imaginative way to boost loved ones’ pension savings by thousands of pounds with monthly tax-free gifts The pension operator modelled several scenarios to highlight the potential of passing on wealth through pension contributions. … Continue reading
“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
Posted in pensions
Tagged annuity, IHT, Income tax, inheritaince tax, Pensions, personal pensions, Tax
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Is Musk empowering or subjecting twitter’s peasants?
“Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit,” Musk said : “Power to the people!” It all sounds altruistic enough till you find that the cost for people to level up … Continue reading
Treasury deprives the low paid of nine years of savings incentives – with a press release
After 7 years of campaigning that started when Kate Upcraft identified the problem for the Friends of Auto Enrolment, the Treasury has pulled the rabbit out of the hat , righted the wrongs and tried to cover itself in … Continue reading
Posted in pensions
Tagged HMRC, low-paid, Margaret Snowden, Net Pay, net pay action group, NPAG, Pensions, RAS, Ros Altmann, Tax
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The use and abuse of pension’s “tax-free cash”.
If you were to create a word-cloud of associations people make with pensions, I bet “tax-free cash” would feature prominently. I tried to google such a word-cloud but got a lot of constructions that look like they’d been made … Continue reading
Why the pension challenge to the Executive won’t go away
The biggest remaining challenge for trustees and employers is how to get their closed DB pension schemes safely over the line without a nasty covenant mishap en route. – Simon Willes (Chair of Gazelle) I would agree with this … Continue reading
Government says “NO” to pension reform at the NHS.
“No” is a very short word. The Government has decided to say “no” to calls for further reform of the Annual and Lifetime Allowance as they impact the NHS pension scheme. “No” is a short word but this is a … Continue reading
Why the net pay problem cannot be fixed by partial fixes
This article forms part of AgeWage’s response to the Government’s call for evidence on the administration of pensions tax-relief . Here we look at the steps pension provider can and are taking to make consumers aware of the problems of … Continue reading
Making members aware they are over-paying their pensions
This article forms part of AgeWage’s response to the Government’s call for evidence on the administration of pensions tax-relief . Here we look at the steps pension provider can and are taking to make consumers aware of the problems of … Continue reading