Those of a certain vintage will remember the animated children’s TV programme, “Mr Benn”, where each episode featured the line, “and then – as if by magic – the shopkeeper appeared”.
Over 230,000 people have used the new pension freedoms introduced one year ago, new HMRC statistics have shown this morning.
The government will be sending personal tax summaries to 24m taxpayers annually from today.
The taxman has rubbished a report stating that many retirees will be "clobbered" with a 45% tax next April.
The government has advanced its pension thinking this month with the enactment of The Finance Act 2014, guidance on allowing new retirees access to next year's pension freedoms and its response to the consultation on those freedoms.
A crackdown on pensions liberation has led to HMRC rejecting 362 pension scheme applications in the last nine months.
Is it time to alter the requirement for all SSAS members to be trustees in order to be exempt from the Maxwellian protections of Pensions Act 1995?
On Wednesday 21 May, Chris Jones of Suffolk Life will take to the stage at the Annual AMPS conference to give an update on the Sipp market.
New powers announced in the Budget will enable HMRC to help prevent pension liberation schemes being registered.
The tax and VAT position on Sipps and platforms could change in future and was not set in stone, according to Deloitte tax expert Paul Farr speaking at the IFP Accredited Firms Annual Conference today.
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