The Top Class Wednesday Update is foreseeing the future
Tom looks into what a Labour government might mean for financial services. He thinks they might start with appointing a shadow pensions minister…
The Top Class Wednesday Update likes it like this
Mark looks at the flurry of releases from the FCA, including his top 6 reactions to the results of the retirement income review.
Rebates, tax and falafels
So in a move which surprised pretty much no-one, HMRC today ruled that rebates, whether in cash or in units, will be taxable. What fewer folk were expecting was that this will take effect from 6 April this year. This only applies to monies held outside an ISA or pension (thanks!) and isn’t retrospective (big […]