Category: serenity news & Uncategorized
In 2011, the value of assets held in UK funded pensions was ÂŁ2,040.7 billion, which was equivalent to 135% of Gross Domestic Product (GDP) for the UK. Self-administered pension funds, most of which are associated with defined benefit occupational pension schemes, accounted for 71% of the total.
Category: Uncategorized
You pay tax on your savings interest in the tax year that the interest is paid to you, or credited to your account, even if you’ve earned part of it in previous tax years. Savings income normally has 20 per cent tax taken off before you receive it.
Category: Uncategorized
“No news is good news” as the old saying goes. By that definition, April was a good month in that there were no disasters. Europe remained relatively stable, Cyprus didn’t implode, Barack Obama and Congress continued speaking to each other and Kim Jong-un kept his finger off the trigger.
Category: Uncategorized
According to a February 2013 survey of over 2,000 UK adults, conducted by YouGov on behalf of Duncan Lawrie Private Bank, 38% of respondents who are pension savers and who have at least one private pension pot, have never reviewed their plan, while 14% have not done so in the last three years.
Category: Uncategorized
The cost of securing an income in retirement has increased by almost a third since 2009, statistics from the Office of National Statistics (ONS) have revealed.
According to figures published in April 2013, men will need 29 per cent more savings to reap the retirement income that they could have gained in 2009.
Category: Uncategorized
This current HMRC Property Sales Campaign is an opportunity for you to bring your tax up to date if you have sold a residential property, in the UK or abroad, that’s not your main home.
If you made a profit but have not told HM Revenue & Customs (HMRC), you might not have paid the right amount of tax.
