Autumn Budget 2024: Pension tax-free lump sums come through Budget unscathed
Fears the the tax-free rate would be slashed did not materialise
Fears the the tax-free rate would be slashed did not materialise
91% of advisers said that CGT is now of greater concern
The company has published some recommended ‘pension tax principles’
The platform is calling on the government to commit to a ‘Pensions Tax Lock’
A big increase in CGT rates could backfire
Total outflows increased to £2.1bn in the first half of its financial year
Tax-free lump sum withdrawals under threat
The VCTs already have total net assets of £200m
HMRC data shows a 36% increase in people liable for CGT since 2019/20
Removal of IHT reliefs reported to be in the sights of Chancellor Rachel Reeves
Capital gains tax may be outstanding
GSB’s Mauro De Santis Bo argues proposed reforms present a ‘complex challenge’