Tag: pension tax
Major inheritance tax change in Rachel Reeves’s spring statement has Brits seething
The Chancellor’s spring statement has been met with a scathing response from Brits, who have hit out at the ‘unfair’ change that is set to hit in 2027. …
Pension experts urge Britons to act before HMRC rule change
Certain moves may trigger “unintended” tax consequences, making it vital people properly assess their financial situation before making any decisions. …
Rachel Reeves is cooking up a truly disastrous plan for your pension
Rachel Reeves should rethink her inheritance tax proposals on pensions, writes Baroness Ros Altmann. …
HMRC forced to act as tax loophole affecting 11 million state pensioners closed
HMRC has been forced into a U-turn over the emergency tax code rules …
‘There are options’ pension expert shares hope for savers amid inheritance tax change
Pensions are losing their inheritance tax-free status, but Brits don’t have to fall victim as one expert shared the ‘key first step’. …
Over 55s warned they could face a tax ‘shock’ on their retirement income
Thousands may be unaware of the tax implications of their retirement income. …
Families could pay up to 70.5% tax on unused pension funds after Reeves’s Budget
The new pension policy set to take effect will have a “massive” impact on families and their estate planning, an expert has said. …
Inheritance tax warning to pensioners after 2027 deadline issued
Inheritance tax changes are coming that pensioners will need to be aware of, experts say …
National Insurance tax raid warning as expert warns Rachel Reeves could close ‘loophole’
Rachel Reeves is expected to target pensions in a potentially roundabout way after assuring other working taxes are safe …
HMRC to send out 700,000 letters to pensioners with ‘£665’ tax demand
A large number of people will receive an HMRC letter this year – and many will be told they owe tax for the first time in retirement …
