All Tax articles – Page 14
-
OpinionA straitjacket for overseas transfers
From the blog: Gone are the days of UK scheme members moving to sunnier climes and transferring pension benefits to wherever in the world best suited.
-
News
NICs U-turn puts pension tax back on the table
Chancellor Philip Hammond has cancelled plans to increase class 4 national insurance contributions for the self-employed, creating a £2bn shortfall in the nation’s accounts between 2018 and 2022, which many fear will be plugged by changes to pension tax relief.
-
OpinionWhat the Spring Budget had in store for pensions
One of the best things about the Spring 2017 Budget was the lack of major announcements about pensions.
-
NewsIndustry accuses Treasury of lack of data to justify £4k MPAA
HM Treasury’s consultation on reducing the money purchase annual allowance will close on Wednesday, drawing fierce criticism that the policy lacks data to back up its introduction and could unfairly hurt savers.
-
News
Discrimination, indexation and tax relief's survival: Top law and regulation stories from 2016
Year in review: As if Brexit didn’t pose enough challenges, regulators, lawyers and two successive pensions ministers have had a lot on their plate in 2016.
-
Opinion
Key takeaways from the finance bill 2017
Eversheds’ Tom Meyrick takes a closer look at the finance bill and what it means for pensions.
-
Opinion
Autumn Statement: Last but not least
Editorial: Chancellor Philip Hammond has tried his best to deliver an Autumn Statement the pensions industry would for once be pleased with.
-
News
Chancellor proposes ban on cold calling, refrains from pensions tax overhaul
In his first and last Autumn Statement, Chancellor Philip Hammond swapped the timing of the Budget and the Statement but had comparatively little to say about pensions for now; one of the larger measures – a consultation into pensions fraud – was welcomed by the industry.
-
Features
What the industry wants to see in the Autumn Statement
Autumn Statements became mini Budget announcements under the previous chancellor. Looking to the new regime, what advice does the industry have for Philip Hammond before he announces his first set of plans on November 23?
-
Opinion
Autumn (Statement) mood
From the blog: More than a month to go until the Autumn Statement, and the first shots are already being fired.
-
Opinion
The savings crisis: Top-up v save more tomorrow
Analysis: The debate about tax relief on pension contributions and incentives for saving has kept industry and policymakers entertained (or unamused) for five or six years now.
-
News
Is the new Lisa bill signal or noise?
The government last week released its Savings (Government Contributions) Bill, ending speculation about the death of the lifetime Isa and raising questions about the future of pensions policy.
-
News
HMRC buys more time on EU VAT issue
HM Revenue & Customs has delayed its guidance on alternative solutions for employers seeking to recover value added tax on defined benefit pension administration costs, prompting speculation that a decision will not be made until Brexit negotiations advance further.
-
News
Ombudsman ruling highlights need for member understanding
The Pensions Ombudsman has sided with technology company Honeywell after a member of one of its pension schemes complained it had caused him to pay more tax than necessary.
-
Features
Norcros moves to mastertrust in bid to improve governance
Bathroom and kitchen products company Norcros is transferring its money purchase section to a mastertrust arrangement to provide "more focused governance" and greater flexibility.
-
Opinion
Ros Altmann backs Waspi in stinging resignation letter
From the blog: The end of Ros Altmann’s tenure as pensions minister on Friday capped off a week in which print news seemed doomed to be out of date by the time it hit the shelves.
-
NewsWebb: New face at DWP will not loosen Treasury's grip on pensions tax
Philip Hammond’s appointment as chancellor of the exchequer is unlikely to see the Department for Work and Pensions regain control of pensions reform, according to former pensions minister Steve Webb.
-
NewsPensions shrouded in uncertainty as UK votes to leave
The pound fell on Friday following news the United Kingdom had voted to leave the European Union, but experts warned schemes not to overreact.
-
News
Proposed early exit charge cap gets mixed response
The Financial Conduct Authority yesterday proposed capping exit charges at 1 per cent of pot value for existing contracts, while banning them altogether for future contracts.
-
Opinion
As the lifetime and annual allowance changes take effect, who has to prepare and how?
Changes to allowances will take effect in April – Aries Insight’s Ian Neale explains what they mean and who will be affected.