Transferable Tax Allowance for some
Posted on Monday, October 21st, 2013
The government has announced that from April 2015 married couples and civil partners may be eligible for a new Transferable Tax Allowance. The Transferable Tax Allowance will enable spouses and civil partners to transfer a fixed amount... Read Full Article...
HMRC announcements for employers
Posted on Monday, October 21st, 2013
The latest Employer Update issued by HMRC contains a number of pertinent articles which may be of interest to employers and employees: Age Exception Certificates HMRC will no longer issue age exception certificates to confirm that a... Read Full Article...
HMRC announce another disclosure facility
Posted on Monday, October 21st, 2013
HMRC have launched yet another disclosure facility, the Health and Wellbeing Tax Plan, which runs from 7 October 2013 to 6 April 2014 and is aimed at physical therapy, alternative medicine or therapy and other therapy. Notification... Read Full Article...
NIC Employment Allowance
Posted on Monday, October 21st, 2013
The Chancellor announced the creation of a National Insurance Contributions (NIC) Employment Allowance in the 2013 Budget. This is expected to be introduced from 6 April 2014 and this moved a step closer to becoming law with... Read Full Article...
Estate preservation
Posted on Wednesday, October 9th, 2013
Helping you to look after and maintain your wealth in the most efficient way If you are UK domiciled, Inheritance Tax (IHT) is currently charged at 40 per cent and is payable on your estate once your... Read Full Article...
What would you do if you lost your job tomorrow?
Posted on Wednesday, October 9th, 2013
30 per cent of working adults think they would be able to find another job of a similar level and pay within six months Legal & General’s Job Security Index [1] asked respondents what they would do... Read Full Article...
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Roads to wealth
Posted on Wednesday, October 9th, 2013
Financial challenges facing Britain’s young adults Skandia’s study about the roads to wealth for Britain’s youth highlights the financial challenges many young adults experience as they move away from home to establish themselves as independent individuals. One... Read Full Article...
New offshore horizons
Posted on Wednesday, October 9th, 2013
Take your money when it suits you Finding the right offshore investments can be a key factor in making the most of your wealth, and it’s not only for the wealthiest of investors. With a few well-advised... Read Full Article...
Gender Neutrality Changes
Posted on Wednesday, October 9th, 2013
Women retirees could boost pension income by 67 per cent The combination of the recent rise in gilt yields, positive market performance, gender neutrality changes, and the 20 per cent uplift in income levels announced by the... Read Full Article...
Building new Untouched pension savings
Posted on Wednesday, October 9th, 2013
An opportunity to potentially improve tax-efficiency Rawdown is the main alternative to a secure annuity income. It is more flexible than an annuity but is also more complex and higher risk. Figures from Skandia (08 July 2013)... Read Full Article...