In April 2015 new rules will allow anyone 55 and over to draw the whole of their pension fund in one lump sum. Until then stop-gap measures apply. Can you take advantage, and what’s the tax position?Read more
The House of Lords has just finished its report on IR35 and recommended its reform. What changes are proposed and when are they likely to take effect?
Lords report recap. At the end of last year we told you about the House of Lords “call for evidence” on the pros and cons of IR35 (yr.14, iss.6, pg.1, see The next step ). As you probably know, IR35 aims to cancel out any tax and NI advantage individuals gain by running their business through a company or partnership.Read more