Her Majesty's Revenue and Customs have published draft Finance Bill provisions to clarify how Inheritance Tax (IHT) will apply to pensions.
The National Association of Pension Funds (NAPF) has expressed concern about the way draft guidance on employer contributions to registered pension schemes could affect members of defined benefit (DB) multi-employer schemes.
Her Majesty's Revenue and Customs (HMRC) have added unquoted shares to the list of items subjected to tax charges if held within Self-Invested Personal Pensions (Sipps), claims A J Bell Group.
Pensioners with an alternatively secured pension will find their pensions are subject to inheritance tax after A-Day, HM Customs and Revenue has just confirmed.
The Department for Work and Pensions (DWP) has told the Parliamentary Ombudsman the Government is "not minded" to accept the findings of maladministration against it, and will not implement her recommendations.
With less than a month until A-Day, the Association of British Insurers (ABI) is lobbying the Government to release final details and clarification on a number of outstanding issues and regulations.
With less than a month until A-Day, the Association of British Insurers (ABI) is lobbying the Government to release final details and clarification on a number of outstanding issues and regulations.
Proposals to extend the transitional protection rules to prevent people losing either life cover or enhanced protection have been revealed by HM Revenue & Customs (HMRC).
Draft regulations for the protection of tax free cash and earlier retirement ages when a scheme winds up have been slightly extended and reissued by Her Majesty's Revenue and Customs (HMRC).
Her Majesty's Revenue and Customs (HMRC) has issued additional guidance on rules relating to employer contributions to pension schemes.