Pensions Savings Investments

Trusts and using them to mitigate against inheritance tax

Many overlook the role of complex trusts when it comes to inheritance tax planning.

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HMRC ‘cannot tell’ number of MPAA breaches

Pensions firm calls for better data on £4,000 limit.

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National living wage set for 5.7% rise in 2022/23

Treasury poised to approve LPC recommendation.

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Salary sacrifices 'may mitigate the NICs rise'

Employees could benefit in the short-term.

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What’s next for the state pension increase in 2022/23?

Government relaxes triple-lock rules due to distortions caused by the pandemic.

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Thousands overpay IHT on life insurance policies

£280m may have been paid unnecessarily in 2018/19.

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Registration service opens to non-taxable trusts

Taxable trusts receive extended registration period.

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Pensions triple-lock to be suspended for one year

Pensioners to miss out on promised £4bn increase.

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Summer saving hampers consumer spending

Britons’ savings down in July but above expectations

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Pension freedoms age to increase from 55 to 57

Plans to be written into Finance Bill 2022 and take effect from April 2028.

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