Tag Archives: tax free cash
The Treasury has asked the Office of Tax Simplification to review the tax system for pensioners, with the aim of simplifying the pensions tax regime.
Informed Choice senior paraplanner Shelley McCarthy attended a technical workshop yesterday where a number of interesting pension planning issues were raised.
Reports in the press yesterday suggest that the Treasury will shortly consult on allowing people early access to the cash in their pension funds.
Much comment has been generated around the higher taxes that will be paid by many people, due to Alistair Darling’s …
The 6th of April 2010 will, for many, mark a key date in their retirement planning. Anyone who will be 50 before the beginning of the next tax year will have to make the decision whether it is appropriate to take their retirement benefits in whole, in part or to wait for up to a further five years.