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Pension allowance charges soar before rule changes 28/09/2023

Pension allowance charges soar before rule changes

Pension allowance charges soar before rule changes The number of savers caught by annual or lifetime limits on pension tax relief rose sharply between 2020/21 and 2021/22, according to recent data.

Downing Street looks at scrapping ‘unfair’ inheritance tax 25/09/2023

Downing Street looks at scrapping ‘unfair’ inheritance tax

Downing Street looks at scrapping ‘unfair’ inheritance tax Inheritance tax is “punitive” and “deeply unfair”, a senior cabinet minister has declared, amid pre-election moves being considered by Rishi Sunak to abolish death duties.Under plans being worked up in Downing Street the 40 per cent tax on estates worth more than £1 million would be phased ...

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