The changes to the taxation of dividends proposed in the Budget seem to be worthy of rather more attention than they have received, writes Peter Vaines.
The Registered Pension Schemes (Transfer of Sums and Assets) (Amendment No. 2) Regulations, SI 2015/1454, come into force on 1 September 2015.
The government is consulting until 21 October 2015 on three main options for capping excessive early exit charges for pension withdrawals and transfers under the new flexible arrangements, which include: (1) capping all early exit fees; (2) flexible capping; or (3) a voluntary approach by the ind
Pension schemes: charge to tax on loss of approval
Following consultation, the government has decided to allow peer-to-peer loans to be held in ISAs from 6 April 2016 and intends to publish draft legislation for technical consultation later this year, with a view to legislating to allow peer-to-peer loans to be held in an ISA from 6 April 2016.
The government is consulting until 30 September 2015 on whether to allow debt and equity securities offered via crowdfunding platforms to be qualifying investments for ISAs. See www.bit.ly/1KWgaCp.
The government is consulting until 30 September 2015 on whether there is a case for reforming the current system of pensions tax relief.
This note provides draft guidance on the transitional rules, applying from 8 July 2015, to align pension input periods with the tax year by April 2016.
The Pensions Act 2014 (Commencement No.
The Individual Savings Account (Amendment No 4) Regulations, SI 2015/1370, extend the list of qualifying ISA investments with effect from 1 July 2015 to include securities issued by co-operative and community benefit societies and other securities traded on a recognised stock exchange in the EEA.