Financial Planning, Inheritance, Pensions, Retirement Planning, Tax Cut
Amendments to UK Pension Legislation
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
Osborne Abolishes Death Tax
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
