The first increase in minimum automatic enrolment (AE) workplace pension contributions came into effect on 6 April. According to research from Scottish Widows, however, one in five Britons (20%) – amounting to more than ten million people – say they’ll work until they’re physically unable to, while one in 20 (6%) – another three million people – say they expect to work until they die.
It’s important to consider the tax implications of making financial decisions. The 2018/19 tax year is now upon us, and a raft of new changes have come into force. The good news is that the overall tax burden is little changed for basic-rate taxpayers, but there are number of areas that have changed that should be taken note of.
Many individuals find the Inheritance Tax rules too complicated
If you struggle to navigate the UK’s Inheritance Tax regime, you are not alone. Whether you are setting up your estate planning or sorting out the estate of a departed family member, the system can be hard to follow. Getting your planning wrong could also mean your family is faced with an unexpectedly high Inheritance Tax bill.
Intuitive FS is a trading style of O’Reilly Financial Solutions Ltd an appointed representative of Quilter Financial Planning Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority.
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
The Financial Conduct Authority does not regulate Wills, Trusts, Inheritance Tax Planning, Auto-Enrolment and Buy to Let Mortgages.
Quilter Financial Planning Limited and Quilter Mortgage Planning Limited is entered on the FCA register (https://www.fca.org.uk/register/) under reference 440703 and 440718.
O’Reilly Financial Solutions Ltd. Registered in England & Wales No. 07107728. Registered office address - 1A Belwell Lane, Mere Green, Sutton Coldfield, West Midlands B74 4AA