Workplace Pensions AKA Auto Enrolment is the finance industries hot topic for 2016. You may have seen the TV and print adds (featuring a rather cute furry monster – shown below) and employers should have also had a letter from The Pensions Regulator (TPR) about the employer duties too. Not sure what to do next, […]
Please find attached the latest quarterly fund fact sheets on the Default investment option (up to 85% shares) and the other pension fund options within the scheme. Peoples Pension Fund Fact Sheet Cash Fund Peoples Pension Fund Fact Sheet Ethical Fund Peoples Pension Fund Fact Sheet Pre Retirement Fund Peoples Pension Fund Fact Sheet Shariar […]
Happy Christmas and prosperous new year from all at Opus Gold. Thank you for your continued support during 2015, and we look forward to connecting with you again in the new year!
Contents Income Tax Tax Credits Capital Gains Tax (CGT) Inheritance Tax (IHT) Pensions ISA’s Property Tax Stamp Duty Land Tax (SDLT) Childcare 1 Income Tax Personal allowance and Tax bands No change was announced to the levels of Personal Allowances and tax bands that will apply from 2016/17. It had previously been announced […]
Client category: Estate planner Family disputes on the rise The number of family financial disputes that reach the courts is rising, says the Financial Times. An expert explains that one reason is the rising value of people’s assets. The typical cost of a court case over a will is £60,000, and rising property values means […]
TRUSTEE FORMS AND REPORTING REQUIREMENTS Trustees have a number of duties to fulfil which include the need to satisfy certain compliance and reporting requirements during the duration of the trust. This article looks at trustee reporting requirements in light of what documentation needs to be completed and submitted to HMRC or given to a beneficiary. […]
Latest statistics from HMRC show that the number of estates where 10% or more of the net chargeable estate passes to charity is low compared to the number of estates chargeable to inheritance tax. The reduced rate of inheritance tax at 36% applies where 10% or more of the net chargeable estate is left to […]
Individual savings accounts (ISAs) Proposals made in the Budget Help to Buy: ISA To help as many people as possible realise their aspirations of home ownership, the Help to Buy: ISA was announced at Budget 2015. This supports people saving up for their first home by providing them with a maximum government bonus of £3,000 […]
Getting the right life insurance policy means working out how much money you need to protect your family or dependants. This sum assured should take into account your living costs, as well as any outstanding debts/loans, such as a mortgage. We hope this guide helps you understand the different types of policy available and will […]
BUDGET 2015 (CON) Synopsis: The pensions minister expresses her views on pensions reform It has been reported that the pension’s minister, Ros Altman, seems set against the development of a merged pensions/ISA product with no constraints on when withdrawals were taken, no tax relief on contribution and no tax on withdrawal. She was commenting on […]
