Understanding the Lifetime Allowance
Most retirees are aware of the Lifetime Allowance – a limit on the total amount of money that can be saved in pension schemes before incurring a tax charge. However, many people are unsure of how it works or what they need to do to stay below the allowable limit. In this article, we will provide an overview of the Lifetime Allowance and explain how you can protect yourself from exceeding it.
The Impact of Inflation on Your Money
Many people may be asking themselves right now: How can I protect my money from inflation? As the cost of living continues to rise, this becomes a significant concern for those with savings and investments as they see their hard-earned cash becoming worth less over time.
What Should Advisers Expect From The Spring Statement 2022?
Hearing about the Spring Budget or Statement? You’re not alone. The finance sector is always on edge when it comes time for these statements, as people know that there will be some sort of new tax law soon which may have positive or negative consequences. This year might seem like an exception though – with little information released so far by HM Treasury and none since Rishi Sunak spoke at length before his Autumn 2021 Budget Address last month! With the cost of living going up and little sign that things will improve anytime soon, many people are wondering what measures might be taken by Chancellor George Osborne to help ease their pain.
Why You Should Invest in a Spanish Compliant Bond
At least I’m relieved that the Spanish-compliant investment bond came to my rescue! It appears that each country’s tax code has various methods for getting rid of our money. They also provide means for us to legally avoid paying taxes, as long as we buy the proper financial investments.
How British Expats are Impacted by the 2021 UK Government Budget
This article will help you understand why budget changes have come into force as well as how they affect UK expats that no longer reside in the UK.