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Changes to the tapered pension annual allowance: implications for heads and other senior members of Teachers’ Pensions

by Ian Thomas | Mar 23, 2020 | Education Sector, Financial Planning, Pensions, Taxation

The Spring Budget 2020 introduced changes to the much-criticised annual allowance tapering rules for higher earners, taking effect from the 2020/21 financial year. The changes will benefit many of our clients, although the very highest paid will have their...

Spring Budget 2020

by Ian Thomas | Mar 16, 2020 | Education Sector, Financial Planning, Investing, News, Pensions, Taxation

Rishi Sunak certainly enjoyed a baptism of fire as Chancellor, delivering his first Budget with just a few weeks’ preparation, and during a period of intense social and financial turbulence created by the Covid-19 pandemic, not to mention the (now almost forgotten)...

2018 Budget Summary

by Ian Thomas | Oct 30, 2018 | Education Sector, Financial Planning, Investing, News, Pensions, Taxation

In the first Budget to take place on a Monday since 1962, Philip Hammond announced an end to the era of austerity, increased funding for the NHS and – due to some unexpected fiscal headroom – no major corresponding increases in taxes. But with...

Teachers’ Pensions: Holiday Checklist

by Ian Thomas | Jul 13, 2018 | Education Sector, Financial Planning, Pensions

Like many teachers, you may have been too busy during term-time to pay much attention to your financial future, and that of your family. If so then the holiday period is the perfect time to make sure that your pension arrangements are in order, that you are maximising...

The No-News-is-Good-News Budget

by Ian Thomas | Nov 24, 2017 | Financial Planning, Investing, News, Pensions, Taxation

The headlines from the Autumn Budget this week focused on some rather grim economic forecasts, but in personal finance terms Philip Hammond’s speech was defined as much by what it didn’t contain as by the actual policy announcements. There had been some speculation in...

What in the world?! The UK claims a global title when it comes to penal taxation.

by Ian Thomas | May 3, 2017 | Education Sector, Financial Planning, Pensions, Taxation

What are the highest marginal rates of income tax in the world? In 2016 Japan and Denmark both levied a charge of around 56% on their highest earners; Sweden came in just above that level at 57.1%, with Aruba topping the global table at 58.85%. At 45%, the UK...
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Recent Posts

  • The Coronavirus Job Retention Scheme: A Focus on Pensions and Other Salary-Related Benefits at Independent Schools
  • Changes to the tapered pension annual allowance: implications for heads and other senior members of Teachers’ Pensions
  • Spring Budget 2020
  • 2018 Budget Summary
  • Teachers’ Pensions: Holiday Checklist

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