Q. I am in the process of getting divorced. My ex-wife has sought legal advice but I am self-representing. I am happy to divide the matrimonial assets in my wife’s favour, provided that we are responsible for making our own retirement provision (as we have approximately 20 years until retirement and therefore have sufficient time to… Read more »
Q. I am a higher rate tax payer. I make significant monthly contributions to my personal pension, upon which I receive tax relief at my marginal rate. I caught sight of a newspaper headline recently which appeared to suggest that the government is set to restrict pensions tax relief to the basic rate of income… Read more »
Q. I have heard a rumour that the government is set to reintroduce the married couples’ allowance. Is this correct? A. Not exactly. David Gauke, the Treasury Minister, has written a letter to Conservative MPs insisting that tax breaks for married couples will be introduced before the next election (meaning that, if it is to… Read more »
Q. I am a Higher Rate taxpayer and, as such, my marginal rate is 40%. I am a member of my employer’s group personal pension scheme and contribute to the scheme via my employer’s payroll. I had understood that I received tax relief on my contributions, but a colleague has told me that I can… Read more »