Before the recent pension changes were announced, it made sense, for Inheritance Tax (IHT) planning purposes, to request that any death benefits payable from a money purchase private pension on the pension scheme member’s death were paid into a separate trust (a ‘bypass trust’), usually for the benefit of the member’s spouse and family. Structuring […]
Read moreNon-doms are in the news again, with one British political party wanting to scrap non-domiciled status if they are elected to be the next Government on 7 May. This sort of headline reinforces the casual view that being a non-dom is always advantageous for UK tax purposes. However, if you are part of a mixed […]
Read moreApologies to all my regular Thursday readers but the electrical fire in Kingsway last week disrupted internet connectivity. Here is last week’s blog. The next post is scheduled for Thursday 16 April. Financially minded Brits will be focused on the impending end of the British income tax year. Here in the office, we’re also focused on the […]
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