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Displaying items by tag: Tax

Pension tax relief could be an “early casualty” of the UK’s decision to vote to leave the EU, a leading analyst believes.
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Wednesday, 24 February 2016 12:27

Ex-Pensions Minister's scathing attack on tax changes

Ex-Pensions Minister and ousted former Liberal Democrat MP Steve Webb has launched a scathing attack on proposals to change tax rules – calling them ‘daylight robbery’.
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A retirement planning boss believes that a single flat rate of pension tax relief could be the “boost to pensions simplification we’ve needed for a long time”.
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Wednesday, 23 September 2015 12:06

Pensioners paying over £17.5bn in tax every year

Pensioners in the UK pay a total of more than £17billion in income tax every year, according to new analysis.
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AXA Wealth has said its family/group Sipp will be "reform-ready" in time for April.
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A tax specialist in northern England has reported a surge in enquiries from business owners and financial advisers keen to explore pension-led funding.

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Retired households paid the equivalent of £45.6 billion in taxes over a year, new research has found, with the average retiree family paying out 30 per cent of annual income to the taxman.
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Britons are "sleep walking into a tax trap" with widespread ignorance about what the lifetime allowance is, a study has found.
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Rowanmoor says it is seeing an increasing demand for SSASs as advisers explore new options for small business owners.
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Wednesday, 05 December 2012 14:28

Full summary of key announcements in Autumn Statement

Full summary of Autumn Statement announced by George Osborne today including all the figures relating to pensions and tax allowances.
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