HMRC

The government has reduced proposals for the minimum amount of income which must be drawn from an Alternatively Secured Pension from 65% to 55% of a comparable annuity for a 75 year old, but has retained the unauthorised payment charges on funds left...

Threesixty is warning advisers recent changes to the Inheritance Tax treatment of trusts may also trigger Capital Gains Tax charges on parents who place assets into a designated account for their children.

HM Revenue & Customs has confirmed refunds from pension schemes ordered by the Financial Ombudsman Service, following a case of "bad advice" or "mis-selling", will be classed as unauthorised payments.

HM Revenue & Customs has changed its stance and will now allow redundancy payments to be invested into a pension fund.

HM Revenue & Customs has announced it is to increase the inheritance tax reporting level for certain types of chargeable gifts to £200,000.

Pensions A-Day seems such a long time ago and after the subsequent changes of benefits, did not do exactly what it said on the tin.

One in 20 teenagers does not believe money borrowed on a credit card needs to be repaid, according to a study conducted by the Personal Finance Education Group, reports the Financial Times .

HM Revenue & Customs is expected to issue details shortly of a partial "amnesty" scheme for offshore investors who have evaded paying tax on their interest, although its appeal could be limited.

I was looking at some HM Revenue and Customs figures recently and they quite surprised me. They were forecasting that the annual receipts for capital gains tax for 2006-2007 would be over £4bn. This compared to £3.5bn for inheritance tax.

Let's face it - advising someone on whether they should transfer their deferred benefits out of a final salary scheme is one of the trickiest things for pensions advisers.