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HMRC

Offshore Investment

Boal to de-register Trinity QROPS

Boal & Co has been forced to de-register its Isle of Man-based Trinity QROPS from 4 April. The move is due to Isle of Man tax legislation not changing in time for the 6 April 2012 transition to comply with new HMRC regulations.

clock 29 March 2012 •

uncategorised

Budget to provoke pensioners' move abroad

Britain's retirees will flock overseas as a result of last week's budget, according to deVere Group.

clock 27 March 2012 •

Investment

Time running out for advice on fixed protection

High earners with pension savings of £1.8m have just two and half weeks to apply for fixed protection or face a tax charge of £165,000, a law firm has warned.

clock 20 March 2012 •

Tax Planning

HMRC pressured to investigate Ken Livingstone

Her Majesty's Revenue and Customs (HMRC) is facing calls to investigate London mayoral candidate Ken Livingstone.

clock 19 March 2012 •

Your profession

Who's next on HMRC's hit list?

Brian Murphy, financial planning manager at AXA Wealth, reveals the action the tax authority is taking to combat evasion and bridge the tax gap.

clock 15 March 2012 •

Your profession

Govt must improve trivial commutation - report

The Office for Tax Simplification (OTS) has made interim suggestions on simplifying tax for pensioners - and IFAs have many more of their own.

clock 15 March 2012 • 2 min read

Income

Three things we learned this week

Retirement Planner's round-up of the top pension stories this week.

clock 13 March 2012 •

uncategorised

HMRC urged to clarify annual allowance charge rules

Her Majesty's Revenue and Customs (HMRC) must clarify the rules around how the annual allowance charge can be paid from pension funds, an expert has said.

clock 12 March 2012 •

Offshore Investment

Isle of Man keeps tinder dry over QROPS changes

The Isle of Man Government says it has been working on a 'number of options' to cope with potential changes to the Qualifying Recognised Overseas Pension Scheme (QROPS) regime announced by the UK government last year and due to come into force on 6 April...

clock 08 March 2012 •

uncategorised

Pension tax relief reform could cost 'hundreds of millions'

The government is planning an overhaul of the way it grants tax relief on pensions which will cost the pension industry, employers and the government "hundreds of millions", an expert has warned.

clock 06 March 2012 •
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