Collective pension schemes fill 'gap' between final salary & DC plans - DWP propose change
PENSION schemes within workplaces largely come from two sources at the moment: defined benefit and defined contribution plans. However, recently the Government announced a new type of pension scheme is being worked on which could upend workplaces across the UK.
Source: Daily Express :: Finance Feed https://ift.tt/3C6gUV8
Power of attorney changes to upend inheritance tax plans - 'issues with HMRC' could arise
INHERITANCE tax plans and estate planning in general may be upended over the coming months as the Government plans to alter lasting powers of attorney rules. Should families be ill-prepared for these changes, HMRC may step in to take action.
Source: Daily Express :: Finance Feed https://ift.tt/3j6J8Gx
Inheritance Tax: Leaving money to your pet may reduce your IHT bill - key steps to take
FOLLOWING the news from HMRC that Inheritance Tax receipts received by the Government totalled £5.4billion over the 2020/21 tax year, taxpayers are looking for any possible way to reduce their potential bill - and may have found one through their pets.
Source: Daily Express :: Finance Feed https://ift.tt/3rIwkKn
State pension age 'injustice has damaged life’ - Woman on shock of discovering the changes
DEE WILD had been looking forward to a retirement spent travelling with her husband, but she was forced to change her plan when, in 2017, she discovered she wouldn't be able to claim her state pension until six years after she had expected.
Source: Daily Express :: Finance Feed https://ift.tt/3j5yKPg
HMRC Inheritance tax receipts rise to £5.4b - how to manage and reduce your IHT costs
INHERITANCE tax is usually levied on the estate of someone who has died and is passing on their assets, so long as certain thresholds are met. The tax, often dubbed a "death tax", is unpopular with many and newly released data from HMRC showed the Government is collecting more from it.
Source: Daily Express :: Finance Feed https://ift.tt/3fdcj9u
‘Understand what you can lose’ Former US treasurer shares top tips for entrepreneurs
A UNICORN is a start-up/entrepreneurial business that is on track to making their first $1billion , and Express.co.uk recently spoke exclusively to Rosa Rios, who is a co-host on the show Unicorn Hunters, about her top tips for entrepreneurs.
Source: Daily Express :: Finance Feed https://ift.tt/3lgUFps
PIP: How to prepare for assessments as the DWP plans to change the rules - what to know
PIP ASSESSMENT rules are set to be altered in the future as the Government lays out a new National Disability Strategy. Until then, claimants will need to make sure they are prepared for an assessment for initial claims and ongoing alterations.
Source: Daily Express :: Finance Feed https://ift.tt/3ibmXzF
Subscribe to:
Posts (Atom)