Archive for June 2016

A happy ending for a cautionary investment tale?  

National Savings

The Treasury has issued a consultation paper on changes to the taxation of single premium investment bonds following a long-running tax tribunal case. Single premium investment bonds have long been a popular way of investing for both individuals and trustees. One of their plus points for many investors is that there is generally nothing to…

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Staying ahead of auto-enrolment penalties

It is not only BHS which is keeping the Pensions Regulator busy. The Pensions Regulator (TPR) has been in the headlines recently following the demise of BHS and the issues surrounding the store group’s £571m pension deficit. The BHS pension problem stems in part from the type of scheme it used to offer its employees…

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How your income tax bill really has gone up

Independent research shows that if you feel you’re paying more income tax than you used to, you’re probably right. The Institute for Fiscal Studies (IFS) is an independent body that has established a reputation for objectivity in tax matters. Its former head, Robert Chote, is now in charge of the Office for Budget Responsibility (OBR),…

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