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Technical articles

Keeping pace in a changing world »
You probably haven't heard of an American called Ray Kurzweil - a member of the US National Inventors Hall of Fame, holder of twenty honorary doctorates and described as 'the ultimate thinking machine' by Forbes magazine. He invented a number of things (scanners, synthesizers, reading machines for the blind) but his real focus is on the power of technology and its potential impact on humanity - Kurzweil is a futurist.  
Asset protection trusts and care fees »
The last time we looked at asset protection trusts was about four years ago. Since then we have had some interesting developments both in the area of care fees and the promotion of certain types of trust.
Salary sacrifice »
Salary sacrifice is in the news again, rather unexpectedly. In his Autumn Statement, the Chancellor of the Exchequer explained that the government 'remains concerned' about the growth of salary sacrifice arrangements and was considering whether any action was necessary. 
Asset protection trusts and care fees »
The last time we looked at asset protection trusts was about four years ago. Since then we have had some interesting developments both in the area of care fees and the promotion of certain types of trust.
Settlor-interested trusts »
One of the questions that is frequently asked by clients of Technical Connection relates to the liability to tax of the settlor of a trust. Many questions appear to stem from a misunderstanding of the term "settlor". This month we seek to clarify some of the issues using a case study. It is particularly relevant toUKsettlors of offshore trusts.
The most dangerous decision? When to invest? »
The most dangerous decision? When do I invest?  (RO2, AF4, CF2, FA7)
ISAs revisited »
The approach of the tax year end has focused attention on ISAs with their ability to provide tax free returns in respect of both income tax and capital gains tax.  If an investment in an ISA falls short of the maximum ISA subscription for the tax year in question (£15,240 for 2015/16) then the unused subscription amount cannot be carried forward.  It follows that if an ISA is a suitable investment for a client, and other things being equal, subscriptions to an ISA should be maximised as far as possible each tax year.
The curious case of the annual allowance »
It is indeed curious that having rid us of the the special annual allowance and its anti-forestalling measures, the government should introduce something as complicated as the tapered annual allowance and its transitional measures.
Single premium investment bonds and death »
In this month's article we consider the tax implications which can arise in two situations under a life assurance single premium investment bond (Bond) on death, both of which can give rise to confusion.
Inheritance tax and trust considerations for non-UK domiciled individuals »
Changes to the UK tax rules concerning individuals who are not domiciled in the UK but are either resident in the UK or own property here were announced in the Summer Budget. This was followed by the publication of the consultation paper "Reforms to the Taxation of Non-Domiciles" on 30 September 2015 and further details are expected in the December Finance Bill.
My PFS - Technical news - 30/11/2015 »
Personal Finance Society news update from 18 November 2015 - 01 December 2015 on taxation, retirement planning, and investments.
My PFS - Technical news - 30/11/2015 »
Personal Finance Society news update from 18 November 2015 - 01 December 2015 on taxation, retirement planning, and investments.
You missed it! It was the best of times and the worst of times… »
So when are the best and worst times and what happens if you miss them? So are we all trying to be too clever? And can we really time the market?
Pensions Act 2014 - the single tier pension »
The waiting will soon be over - sort of. From 6 April next year, state retirement benefits will be streamlined under the banner of the single-tier pension and contracting-out will be no more. Of course, this being pensions, it was never going to be that easy and quite right too. The new system will be relatively straightforward, but the devil is in the transition.
Second Charge Lending Opportunities In A New Era Of Regulation »
With the impending introduction of the Mortgage Credit Directive now only nine months away, mortgage brokers are faced with some difficult decisions regarding whether they will offer a "whole of market" service after March 2016.

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