Monthly Archive: Feb 2015

INHERITANCE TAX PLANNING UNDER THE NEW PENSION REGIME

The freedom to take all your pension as cash on retirement has made the headlines, but the government’s scrapping of the so-called pension ‘death tax’ could have an equally dramatic effect once the implications are more widely appreciated. The so-called…
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Restriction on Personal Allowances for Non-Residents

The government is intending to consult further on restricting the entitlement of non-UK residents to the UK personal allowance. No changes will be made before April 2017 and so the position should remain unchanged for the current tax year and…
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Mansion Tax 3: Mansion Tax Proposals

Shadow chancellor Ed Balls has announced that a Labour administration would introduce a tax on homes worth more than £2 million in its first budget, so that the Treasury could begin to collect money from what is estimated to be…
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