Tag Archives: Tax

Labour’s private equity tax puzzler

It’s a rich person’s problem how to minimise tax. Private Equity managers are rich and they stay rich by managing their tax affairs, as they are entitled to , by using non-dom tax concessions and having their revenue taxed as … Continue reading

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Hymans and the horror show of pension tax changes

Hymans Robertson’s very useful slides for employers who have employees with pension taxation problems The link to the download is here. It surprises me that personal pension taxation is still so hard that Hymans need to provide employers with a … Continue reading

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Jeremy’s tax bargain on inheritance tax and pensions

In an interview with the BBC, Mr Hunt refused to rule out a cut to inheritance tax, saying: “The best way that we can reduce the tax burden for everyone is to grow the economy.” If there is one thing … Continue reading

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Why should we worry if people spend their pensions?

“It’s extremely worrying that so many more people are withdrawing funds from their pensions and at higher rates,” said Alice Guy, head of pensions and savings at investment platform Interactive Investor – (FT) The news is that we are spending … Continue reading

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Hunt’s right; tax should incentivise us savers to boost Britain.

Cash ISAs are strange. They are supposed to encourage long term saving  but are used as a tax-shelter for higher rate tax-payers who have large amounts they do not want to invest – for the long-term. The Chancellor is now … Continue reading

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A stealthy wealth tax – outed by LCP

The Treasury has proposed that pensions will be taxed where the saver dies before age 75. This is how the Treasury introduce the idea Schedule 32 sets out that the payment of an UFLSDB or DBLSDB is a BCE where the member dies under age … Continue reading

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A Treasury pension intervention that’s not about tax

No wonder Laura Trott has been quiet on private pension reform lately, she has a megaphone rather better than Big Zuu A central plank of the reforms that will be unveiled tonight by Jeremy Hunt will be the VFM Framework … Continue reading

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DC “investment pact” – there’s three people in this marriage.

While the Government explores a voluntary 5% levy on DC funds – in line with Nicholas Lyons recommendations, the insurers have apparently entered into a voluntary pact by some of the biggest players in the financial services sector to put … Continue reading

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DC “investment pact” – there’s three people in this marriage.

While the Government explores a voluntary 5% levy on DC funds – in line with Nicholas Lyons recommendations, the insurers have apparently entered into a voluntary pact by some of the biggest players in the financial services sector to put … Continue reading

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A proposal to Treasury to improve DC defaults (and saver outcomes)

The big issue for the PLSA conference and indeed the PLSA is how it should respond to the Government’s call to celebrate risk and reintroduce it into the pension schemes within its scope. There have been calls for the mandation … Continue reading

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