We here at Morningstar are very proud to announce a strategic partnership with Technical Connection to deliver a gap fill day in September as well as ongoing content and commentary on this blog. Technical Connection are the financial services sector’s pre-eminent supplier of technical insight, support , CPD and proposition development on all aspects of tax, investment, protection, pensions and all aspects of the financial planning process.
Technical Connection is based in Staple Inn, London and is led by Tony Wickenden and John Woolley.
You can find more about their products and services, including a free trial of Techlink Professional, technical connections knowledge management, research, business generation, client communication and CPD plaftorm here: www.technicalconnection.co.uk and www.techlink.co.uk
Below is a brief sample of some of the content you’ll find on the Techlink website:
DWP Consults On Regulations To Permit Reduction Of Pension Benefits Where Scheme Meets Member’s Annual Allowance Charge
SYNOPSIS: The DWP is consulting on amending regulations which are designed to enable a member’s scheme benefits to be reduced where he has elected for his scheme to meet all or part of his annual allowance tax charge.
The Government has confirmed that it will permit pension scheme members subject to an annual allowance charge of more than £2,000 to elect for all or part of that charge to be paid by their scheme with their benefits being appropriately reduced to allow for this. Legislation to enable this has been included in Schedule 17 to the Finance (No.3) Bill 2011. However, Section 91 of the P..continued on the Techlink website
RLP Savings __
SYNOPSIS: The tax benefits of an RLP make it a “no brainer” for employee life cover
The following example illustrates the significant savings that can be secured through the provision of life cover for an employee through a Relevant Life Policy. Provided all the conditions are fulfilled (including the absence of a tax avoidance motive) there is no statutory limit on the level of cover/premium. In the example, comparing the cost of providing the same life cover through a..continued on the Techlink website
France To Introduce Property Tax For Foreign Owners __
SYNOPSIS: France to introduce a 20% tax on rental value on holiday homes.
The French Government has approved a new tax on non-resident property owners which would affect British people who own homes in France. The tax will be debated in the French parliament in July and if enacted will come into effect next year. The tax will be set at 20% of a property’s nominal rental value and is being seen as a second owner levied tax on top of the current taxe fonciere (levi..continued on the Techlink website
Discounted Values Under Discounted Gift Trusts __
SYNOPSIS: The recent decision in the sex equality case of Test-Achats raises questions as to whether the current method of valuing the income rights under Discounted Gift Trusts needs to be revised. HM Revenue and Customs has now made a statement on this.
The Discounted Gift Trust (DGT) enables an investor to invest a cash sum in a single premium bond that is held subject to a special trust that gives ‘income’ rights to the settler whilst alive and death benefits to a trust – typically a discretionary trust…continued on the Techlink website
Technical Connection
020 74051600
Derek.Lovell@technicalconnection.co.uk
Clare.Thomas@technical connection.co.uk
The gap fill day is scheduled for September 14th in London. For further details please call 0203 107 0040 or email events.rsvp@morningstar.com.