Using SIPP to save for retirement

Using SIPP to save for retirement

A SIPP is a self-invested personal pension which is set up by an insurance company or specialist SIPP provider. It is attractive to those who wish to manage their own investments. Contribution to a SIPP may be made by both the individual and, where appropriate, by the...

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Student loan deductions

Student loan deductions

Employers fulfill many collection roles for HMRC, one of which is the collection of student loan repayments. There are now three types of student loans for which employers may be responsible for deducting loan repayments from an employee’s pay. These are: Plan 1...

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Tax-free mobile phones

Tax-free mobile phones

Mobile phones are ubiquitous – they are also subject to a tax exemption which enables employees to enjoy a mobile phone provided by their employer without suffering a benefit in kind tax charge. However, as with all exemptions, there are conditions to be met for the...

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How to save on inheritance tax

How to save on inheritance tax

Inheritance tax - frequent gifts can be free of tax. Within a family scenario, there are many situations in which one family member may make a gift to other family members. However, the way in which gifts are funded and made can make a significant difference to the...

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