Bespoke - for private clients
Friday, October 28, 2011 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HNWIs,
income tax,
pensions,
retirement,
tax relief,
Mike Hyland,
minimise,
high earners,
higher rate taxpayer,
pension,
James Temperley,
pension series,
pensions changes,
income drawdown,
flexible drawdown,
annuity,
capped drawdown,
50% tax
A common reason clients give for not wishing to contribute to pensions are the restrictions on how and when they can access their pension benefits after retirement. From April this year there is a new option for such retirees. Flexible drawdown, as the name suggests, will give individuals much more freedom as to how they take their pension benefits.
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Friday, October 21, 2011 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HNWIs,
income tax,
pensions,
retirement,
Mike Hyland,
minimise,
high earners,
higher rate taxpayer,
pension,
James Temperley,
pension series,
pensions changes,
lifetime allowance,
lifetime tax relief,
fixed protection,
50% tax
Our pension series continues with a look at the changes to the pension rules, which may cost you up to £165,000 if you don’t take action before 6 April 2012.
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Friday, October 14, 2011 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HNWIs,
income tax,
pensions,
IHT,
retirement,
tax relief,
Mike Hyland,
high earners,
higher rate taxpayer,
pension,
James Temperley,
pension series,
pensions changes,
pensions carry forward,
annual allowance,
50% tax rate
After answering some of the most common pension questions in our post last week, we now consider the recent changes to the rules on pension contributions and how you could make best use of the new rules to provide for yourself and your family.
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Friday, October 07, 2011 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HNWIs,
income tax,
pensions,
retirement,
tax relief,
Mike Hyland,
minimise,
high earners,
higher rate taxpayer,
pension,
James Temperley,
pension series,
annuity,
50% tax rate
Welcome to our new blog series on pensions. As an introduction, we will answer some of the most commonly asked pension-related questions and look at why now is such a good time to consider pension planning.
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Wednesday, December 01, 2010 | Posted by: Sue Knight
Categories:
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
HNWIs,
Sue Knight,
pensions,
EFRBS,
retirement,
Employer Financed Retirement Benefit Scheme,
remuneration,
high earners,
Finance Bill 2011,
QNUPS
When the taxman turned his spotlight on Employer-Financed Retirement Benefits Schemes in 2009, it was with the aim of making this kind of tax planning less attractive. A year on, the death knell for EFRBS tax advantages may be sounding, but an alternative pension pot for high earners may live on.
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