Author Archives: MillionPlus.com

The Return of the SSAS

The Small Self Administered Scheme (SSAS) market looks set for a resurgence, with two major benefits. The removal of Protected Rights benefits from this tax year will level the playing field for SSASs with the more popular Self Invested Personal … Continue reading

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It’s Life Cover, but not as we know it!

A new variation of life cover is available for certain, eligible individuals. ‘Relevant Life’ is a tax efficient arrangement which, if satisfying certain conditions, benefits from a tax favoured treatment of premiums and benefits. These premiums to a qualifying policy … Continue reading

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Pensions – Your Flexible Friend?

With a continual stream of negativity surrounding pensions, and recent legislation only limiting what a government clearly sees as already generous tax-relief concessions, many pension holders would be forgiven for missing several positive changes that will allow those aged over 55 to … Continue reading

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Don’t forget the kids!

Whilst many of us will be busy finalising contributions to ensure 2011/12 ISA limits are utilised, those with young children may wish to consider the recent change to child savings. Like the adult version, Junior ISAs allow tax free income … Continue reading

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What’s in store for pensions?

With the tax-payer already squeezed, experts are warning pension holders that they might be in line for some amending of pension rules in order to raise additional tax revenue come next month’s Budget. Whilst the Lifetime Allowance will already reduce … Continue reading

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Higher Relief, Higher Risk

To help kick start the economy, along with changes to Enterprise Investment Schemes and Venture Capital Trusts, the new tax year will see a new type of investment offering generous levels of tax incentives. From April, the little brother of … Continue reading

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The Demise of Protected Rights

The Government has finally decided to make changes to Protected Rights by abolishing some forms of contracting out. This will aid and simplify the pensions system and offer important opportunities for pension holders. These significant changes come into effect from … Continue reading

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