High earners to gain most from Tory plans

Tax cuts for wealthy to be funded by unspecified spending cuts

Advice & Comment

Prime Minister, David Cameron, listens to the "Our United Kingdom" debate at the Conservative party conference in Birmingham this afternoon. ©Charlie Bibby/FT
Who would benefit from David Cameron’s pledge to increase the personal allowance and the 40% income tax band, and how much would it cost?
– Adam Palin
George Osborne, U.K. chancellor of the exchequer, gestures during the Institute Of International Finance Spring Meeting in London, U.K., on Wednesday, June 4, 2014. U.K. services grew faster than economists forecast in May and confidence about the outlook prompted companies to boost hiring. Photographer: Simon Dawson/Bloomberg *** Local Caption *** George Osborne ©Bloomberg
How would George Osborne’s proposal for pension funds to pass tax free to heirs work, and who would be able to take advantage?
– Josephine Cumbo
©Charlie Bibby/FT

Stamp duty revenues rise by one-third

Million-pound home buyers paid almost £2bn last year

Pension tax changes set to help wealthy

Government and wealth advisers disagree on who will gain the most

HMRC to take tax debts from pay packets

Up to £17,000 a year can be recovered from salaries

UK mortgage approvals fall sharply

Bank lending to companies also dips

Concern over fresh pension fund shake-up

Move to end death taxes will cause grief for annuity providers

Rights for widows in intestacy revamp

Estates without a will are to be divided differently

INTERVIEW
Greg McClymont. Must be credited http://www.engagedinvestor.co.uk/ MUST NO REUSE.
©www.engagedinvestor.co.uk

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