Lump sum pension contribution before potential Labour tax raid?

Albermarle

Grandst2 said:

They have form on pensions so don't be a victim, anticipate and act. Let them spend other people's pensions not yours. Retrospective changes are unlikely.

Yes would probably be a good idea to die now, to avoid your pot being included in IHT.

[Deleted User]

This is beginning to read like a Daily Mail panic thread lol!

dunstonh

Grandst2 said:

They have form on pensions so don't be a victim, anticipate and act. Let them spend other people's pensions not yours. Retrospective changes are unlikely.

as you have made reference to form, then its worth noting that Labour increased the amount of tax free cash possible during their last period in power.  They also had a higher lifetime allowance rate than under the Conservatives.  And they had a higher annual allowance than under the Conservatives.

artyboy

Albermarle said:

Grandst2 said:

They have form on pensions so don't be a victim, anticipate and act. Let them spend other people's pensions not yours. Retrospective changes are unlikely.

Yes would probably be a good idea to die now, to avoid your pot being included in IHT.

Ah yes, the Hotblack Desiato stratagem...