Business protection trusts in 2015 »
We have recently reviewed personal protection trusts and this
month we look at business assurance arrangements and how, if at
all, these may be affected by the recently announced changes to
inheritance tax (IHT).
Recent tax developments »
In this month's article we take a look at:-
- HMRC consultation on the downsizing concession for the
inheritance tax (IHT) residence nil rate band.
- The gradual reduction to the basic rate of the tax relief on
mortgage interest for buy-to-let investors.
The real value of active managers »
Just how many conferences have you been to over the years where
they set up a 'key debate' between active and passive fund managers
to see who is going to prove themselves as being better than the
other? Frankly I find them really rather tiresome, and it normally
ends up with an active manager being harangued for some poor stock
choices and higher costs. Yes predictably the discussion ends up
around cost which really doesn't get to the heart of the matter.
The truth is of course in the makeup of what is actually inside the
funds themselves, be they passive or active, which makes the
difference. Thus there are both good and bad active and passive
Transfer law has changed »
There has been much regulatory chatter since the new pension
flexibilities were announced. Time then, to remind ourselves of
what DWP and HMRC legislation has to say on the subject of
transfers from occupational pension schemes.