Financial Planning, Inheritance
This October, twenty-eight UK towns and cities are taking part in Free Wills Month. As long as you are over fifty-five, you can – as the name suggests – have your will written for free. Remember that even if you are living offshore, you need a will in place to take of all of your […]
Financial Planning, Inheritance, Pensions, Retirement Planning, Tax Cut
The surprise announcement from George Osborne on Monday about scrapping the 55% death tax on UK Pensions illustrates how quickly and easily the government can change the rules surrounding your pension. The document attached below, prepared by Boal and Co, describes in detail how the changes may or may not affect you. Additional amendments to […]
Financial Planning, Inheritance, Pensions, Tax Cut
George Osborne attempted to steady the Conservative ship yesterday by announcing an eye-catching tax cut aimed at core Conservative voters. The Chancellor announced plans to abolish the 55 per cent tax applied to UK pension pots upon the holder’s death. These changes will come into effect from April 2015. The Treasury predicts the new policy […]
Death Tax, Government Changes, Great Britain, Inheritance, Retirement Planning, Tax Cuts, UK
Financial Planning, General, Inheritance
There are some big changes looming for the rules surrounding inheritance in the UK. From the 1st October 2014, these changes will come in to force. If you have assets in the UK these changes may affect you. The moral of this story, is please ensure that you have an up to date will in […]