New Pension Rules Can Save Inheritance Tax

New Pension Rules Can Save Inheritance Tax

Major changes to the pension rules came into effect on 6 April 2015 which can have considerable benefits for inheritance tax. Under the previous system, when someone died over the age of 75 without having spent all their pension funds, the money was normally taxed at...
Pension Shake-Up

Pension Shake-Up

The rules regarding pension funds and how they can be drawn are changing radically with effect from 6 April 2015. The changes relate mainly to “defined contribution” schemes e.g. personal pensions, stakeholder pensions, self-invested pensions and pensions in drawn...

For Richer or Poorer – The New Marriage Allowance

Married couples and civil partnerships can now register their interest in the new Marriage Allowance which comes into effect from 6 April 2015. This is separate from the existing Married Couples Allowance which is already available to the over 80’s. The allowance...