Tag Archives: Tax
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Chris Johnston of the FT starts today with news that the amount withdrawn from UK pensions in tax-free lump sums jumped more than 60 per cent over the past financial year, as savers prepare for possible changes to the tax … Continue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
2030 and all that ..the income, wealth and pension strategy delivered to time
For those who like this kind of gesturing, the 2023 report by Torsten Bell’s Resolution Foundation (reporting on how to get Britain out of stagnation) has been marked the Economy 2030 Inquiry 2030 is also a staging date for the … Continue reading
Posted in pensions
Tagged Budget, Income, Pensions, Rachel Reeves, Tax, Torsten Bell, Wealth
Leave a comment
The house – get rich slow with nothing to pay in tax?
The Government’s conversation with the newspapers the elderly and wealth read is interesting. The elderly and the wealthy should know that they are going to get it in taxation so that the Chancellor can manage her books and encourage growth … Continue reading
Posted in pensions
Tagged Council Tax, Housing, Pensions, stamp duty, Tax, transaction tax
Leave a comment
There’s no VFM measure for pensions; ordinary folk are baffled by “CETV”.
This blog is a reminder to me of the lack of understanding people had and have of pension value for their money. This is not a criticism of people, it is a comment on the failure of the organisations that … Continue reading
Wealth taxes: high risk, unworkable and anti-growth
Dan Neidle sends me Tax Policy Associates thinking on tax Subscribe here for more A UK wealth tax is often promoted as an easy revenue-raiser that would only affect the very rich. Our analysis finds the opposite: the revenue … Continue reading
Can Reeves get her money back by taxing our pensions?
For the first time in a while I have good things to say about the Telegraph’s reporting on pensions. Rob White is right to point out that with restrictions on raising income tax, the Chancellor might choose to go … Continue reading