Pensions Savings Investments

Trusts and settlements

Trusts and settlements - tax rates and allowances.

Read more »

State pension

State pension rates, pension credit and winter fuel allowances.

Read more »

VCT, EIS and SEIS compared

The reliefs for venture capital trusts, the enterprise investment scheme and the seed enterprise investment scheme are similar in many respects, but there are some significant differences.

Read more »

Venture capital trusts

A venture capital trust (VCT) is an investment company broadly similar to an investment trust, but what sets it apart?

Read more »

State pension deferral

State pension deferral is the right to defer entitlement to the state pension. In return for deferring for a period of at least nine weeks, the resulting pension increases by 1% for every nine weeks’ deferral, an approximate annual rate of 5.8%.

Read more »

Stakeholder pensions

Stakeholder pension schemes are low-cost pensions meant for people without existing private pension arrangements. They were originally targeted at people who earn more than £10,000 a year and who cannot join an occupational pension scheme. They have, however, turned out to have much broader appeal.

Read more »

Pension credit

Details of pension credits for the current year.

Read more »

Qualifying for a state pension

The Government has changed the age rules for qualification for the state pension.

Read more »

Retirement and pensions

Pension reliefs are now much lower than in previous years. Are you providing adequately for your retirement?

Read more »

Tax on savings income

Savings income (which includes all types of interest) is normally paid gross without deduction of income tax. The personal savings allowance provides a nil rate of tax on the first £1,000 of savings income for basic rate taxpayers and £500 for higher rate taxpayers, with none available to additional rate taxpayers. If your only taxable income arises from savings income, or your other income is very small the amount liable to 0% tax may be as high as £5,000.

Read more »
Syndicate content