Techzone
The aim of techzone is to provide financial advisers with an excellent range of technical support, including assistance on technical, legal and taxation aspects underlying UK Life and Pensions products.
Find the answer to that technical question you have by typing your question below and selecting a category.
Listed below are the top 5 questions asked:
- When can the pension triviality rules be used?
- What is the lifetime allowance?
- What is the maximum pension contribution with tax relief that an individual can make?
- How are pension benefits tested against the lifetime allowance?
- What are the upper limits for compensation paid by the Financial Services Compensation Scheme (FSCS)?
Latest News
What is this?
-
Friday November 28 2008 - 04:41PM
Banks issuing shares in lieu of 2008 interim dividend
Bradford & Bingley, HBOS and Royal Bank of Scotland have all announced that they will not be paying their 2008 interim dividend in cash, but will be distributing new shares of an equivalent value to the cash dividend that would otherwise have been paid. The shares are not a dividend and will not be taxed as one.
-
Thursday November 27 2008 - 02:35PM
Pensions Act 2008 receives Royal Assent
The Pensions Act 2008, which sets out many of the Government's key pension reforms for the coming few years, finally received Royal Assent yesterday. -
Thursday November 27 2008 - 11:00AM
Further HMRC clampdown on undisclosed offshore accounts
Last year, having obtained information from the top five banks, HMRC introduced the offshore disclosure facility to give UK taxpayers the opportunity to come clean on their offshore accounts. It now appears that HMRC are continuing their drive against tax evasion via offshore accounts by gathering information from more banks and building societies.
-
Tuesday November 25 2008 - 08:51AM
Pre-Budget 2008 - no summary document produced
Due to the limited number of relevant proposals in the Pre-Budget Report, Standard Life have not produced a summary document. Details of the small number of changes announced can be found in the individual news items below. -
Monday November 24 2008 - 07:31PM
Pre-Budget 2008 - changes to personal taxation from April 2010/11
From April 2010/11, the basic personal allowance (which has not yet been set) will be subject to two income related limits of £100,000 and £140,000.