Utmost Wealth Articles Archive

Retirement Planning

Barry Foster considers how clients can best plan in terms of investment selection and tax wrappers for a healthy financial retirement. Download the full article here

Are you ready for the drop?

On the basis you have been able to manage Capital Gains Tax (CGT) liabilities along the way, collective investments essentially became a closer cousin of the ISA following the introduction of the dividend allowance. John Haley, Technical Sales Manager, discusses the dividend allowance drop due on the 6th April 2018 and what that means for … Continued

Chancellor requests OTS review of Inheritance Tax

Phillip Hammond has asked for a full review of the IHT regime. In his letter he explains that the review should “focus on the “technical and administrative issues within IHT such as the process of submitting returns and paying any tax due, as well as practical issues around routine estate planning and disclosure. It could … Continued

HMRC updated trust statistics

HMRC have published updated trust statistics for the years 2011/12 – 2015/16. The report provides details of the number of trusts submitting self-assessment returns as well as the amount of tax trustees have paid. This is quite topical in view of the recent launch of the on-line register for trusts. Click here to see the … Continued

Bonds & the Finance Bill

source: Professional Paraplanner  date: December 2017 Simon Martin, Technical Services Manager, looks at two new legislative changes, included in the Finance Bill 2017-19, affecting taxation of withdrawals from life assurance policies and permissible linked assets. Download the full article here

Highest transparency rating for crown dependencies

The Organisation for Economic Co-operation and Development (OECD) carried out two reviews in 2016 applying compliance ratings to 119 jurisdictions. The first review examined the quality of regulations in each country, and the second, to what extent they were implemented. In the OECD’s recent report ranking countries by exchange of information for tax purposes, Jersey … Continued

Mike Morrison

We were saddened to hear of the death of Mike Morrison earlier this week. Mike was a prominent figure in the pensions industry for many years making regular contributions to trade press providing comment and insight. Mike was also a very popular presenter who had a gift for making the complicated easy and a rare … Continued