The ever changing and increasingly restrictive tax rules on pension contributions has meant many are turning to EFURBS as an alternative. They don’t offer the same tax advantages as approved pension
funds, so are they worth considering?
Published 26.05.2010
In his June Budget the Chancellor announced a radical shake up of the tax rules on pensions. One major change will be a reduction of nearly 30% in the tax rate where you leave your pension fund as
part of your estate. What’s to know?
Published 29.09.2010
Under the new pension rules, the maximum contribution on which you can claim tax relief is £50,000 in any one year. If you pay more than this, you’ll be hit with a special tax charge. But is paying
over the maximum all bad news?
Published 31.03.2011
In April, the tax rates and rules changed in respect of money left in your pension fund when you die. This might leave your beneficiaries worse off. But could the new rules also offer a chance to
save tax?
Published 22.07.2011
Your company rents its business premises from you. Last year you spent so much on replacement fittings in the building that the expenses outweighed the rent you received. What’s the most
tax-efficient way to deal with this loss?
Published 09.07.2018
If you’re in a contracted-out personal or stakeholder pension scheme, the Taxman boosts your fund by rebating some of the NI you pay. This subsidy will stop from next April. What steps should you be
taking to compensate for this?
Published 18.10.2011
After being dropped from the original 2017 Finance Bill the £1,000 tax-free property allowance is back on the agenda. When will it take effect and what types of rental income will it apply to?
Published 06.10.2017
If a tenant is struggling to pay you rent, rather than see them go bust and lose the income altogether, granting a rent-free period could benefit you both. How would this affect your tax position?
Published 07.01.2021
The Taxman has made a U-turn and broken his promise over tax charges on pension funds. What steps should you take to avoid being hit by a 55% tax charge?
Published 22.06.2010