Under the Pensions Act 2014, when will S2P be merged in a flat rate pension?
What is the difference in tax treatment between an expression of wish and a nomination for lump sum death benefits under a DB scheme?
A) A nomination would result in a 55 per cent tax charge, whereas an expression of wish would not
B) An expression of wish would result in a 55 per cent tax charge, whereas a nomination would not
C) An expression of wish could result in an IHT tax charge, whereas a nomination would not
D) A nomination could result in an IHT tax charge, whereas an expression of wish would not
Alan purchased a residential property in the UK on 1 February 2015 for £360,000. The house is only two years old. What is the amount of SDLT that he will be liable to pay?
Vic has gross income of £50,000 and net disposable income of £40,000. His total life cover is £200,000. In terms of planning this appropriate level of life cover, what is his capital-income ratio?
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