Posted on January 9, 2015 by admin - Uncategorized
The run-up to the tax year end on 5 April 2015 is the perfect time to consider tax planning opportunities and to put in place strategies to minimise tax throughout 2015/16. (more…)
Posted on January 9, 2015 by admin - Uncategorized
The typical Briton entering the workforce today can expect to have nine jobs, including one major career change, across 48 years of working[1]. (more…)
Posted on January 9, 2015 by admin - Uncategorized
Chancellor George Osborne delivered his Autumn Statement 2014 to Parliament on 3 December last year. Much of the commentary focused on weak public sector finances data in the context of strong GDP and employment growth. (more…)
Posted on January 9, 2015 by admin - Uncategorized
Within the next decade, nearly half of those people (44%) due to retire will require professional financial advice to help them make financial choices, according to research[1] published by insurer Zurich. (more…)
Posted on January 9, 2015 by admin - Uncategorized
Pensions have long been seen as a tax-efficient form of investment. The contributions that you pay into your pension will benefit from tax relief and aren’t subject to tax while they’re invested in your pension pot (although the tax credit paid with dividends can’t be reclaimed by your pension scheme). Contributions to your employer’s pension scheme (including any additional voluntary contributions you make) can be made from your gross pay before any tax is charged.
From 6 April 2015, there will be no restrictions on how much income you can withdraw from your defined contribution pension pot, but any income that is withdrawn (and it is possible to withdraw your whole remaining pension pot in one go) may be subject to income tax. (more…)
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