Planners concerned about surge in LTA penalties
- Friday, 01 October 2021
- Articles
Pension lifetime allowance (LTA) penalty charges surged by 21% in 2019-20 to £342m (2018-19: £283m), according to data released by HMRC.
Read more...Businesses get more time for HMRC tax changes
- Friday, 24 September 2021
- Articles
Businesses are to get an extra year to prepare for the digitalisation of income tax, HM Revenue and Customs has said.
Read more...11.6m received inheritance in past 10 years
- Wednesday, 08 September 2021
- Articles
More than 11.6m people have received an inheritance in the past 10 years with 47 the average age at which people receive a windfall, new research has revealed.
Read more...Savers can avoid 2028 pension age increase
- Wednesday, 21 July 2021
- Articles
Savers looking to transfer their pension have been offered the opportunity to avoid the normal minimum pension age increase in 2028 under new draft legislation proposed by HMRC.
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