The remarkable Mr. Osborne has (almost) scrapped pensions tax.

Bulletin 47 starts with our thoughts on the Chancellor’s latest announcement on the proposed easements to pension structures and pensions tax in the UK.

We’ve called the article the remarkable Mr. Osborne, because following on from Pension Freedom, he’s now (almost) scrapped Pensions Tax on death. Click here to read the bulletin, and click here to read more details on what the Treasury has said.

We also look at the imaginative Mr. Cameron, who at his party’s conference suggested that  he was leading a nation where “our debts are being paid down”. In the bulletin we point out that politics aside, our Government’s efforts to ‘pay down our debts’ is pure fiction and that the Government has in fact doubled our debts over the last 4½ years. Click here to read the full article.

Finally, we notice that the way the Office of National Statistics calculates the Nation’s monthly Gross Domestic Product figures now includes the proceeds from illegal drugs, prostitution and charities, which had they been included in the GDP figures during the recession, would have reduced the overall shrinkage of the economy from peak to trough from 7.2% to around 6%. Once again, click here for the full article.

Any feedback or comments? Please contact us.


0 comments on “The remarkable Mr. Osborne has (almost) scrapped pensions tax.
  • SSAS and Legal Entity IdentifiersWhat are Legal Entity Identifiers and Does Your SSAS Need One? From 3rd January 2018 it will be a requirement for legal entities and structures to obtain a reference called a Legal Entity Identifier (LEI) from the London Stock Exchange in order for the trustees of a SSAS to carry on investing. This» Read More
  • Mr A.W.PML has been my pension adviser for many years. PML are helpful, approachable and knowledgeable.