Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to eyeball08,Wondergirly,bofh,johnstevens77,Bhoddhisatva, for Donating to support the site

Taking 25% Tax-Free Withdrawal from HL SIPP at 55

Including Financial Independence and Retiring Early (FIRE)
Gostevie
2 Lemon pips
Posts: 222
Joined: November 4th, 2016, 11:35 am
Has thanked: 838 times
Been thanked: 158 times

Re: Taking 25% Tax-Free Withdrawal from HL SIPP at 55

#167482

Postby Gostevie » September 19th, 2018, 3:23 pm

Quake in your boots chaps and chapesses, the 25% TFLS could be serioulsy capped...

https://www.professionaladviser.com/pro ... -lump-sums

... if the Lib Dems (current MP count: 12) get elected into government. :lol:

moorfield
Lemon Quarter
Posts: 3549
Joined: November 7th, 2016, 1:56 pm
Has thanked: 1582 times
Been thanked: 1414 times

Re: Taking 25% Tax-Free Withdrawal from HL SIPP at 55

#167554

Postby moorfield » September 19th, 2018, 8:50 pm

.... well Vince has turned 75 and probably just been clobbered by the LTA test. Revenge politics. :lol:

TUK020
Lemon Quarter
Posts: 2042
Joined: November 5th, 2016, 7:41 am
Has thanked: 762 times
Been thanked: 1178 times

Re: Taking 25% Tax-Free Withdrawal from HL SIPP at 55

#167601

Postby TUK020 » September 20th, 2018, 6:55 am

How long before another party borrows his idea?

JohnB
Lemon Quarter
Posts: 2505
Joined: January 15th, 2017, 9:20 am
Has thanked: 690 times
Been thanked: 1005 times

Re: Taking 25% Tax-Free Withdrawal from HL SIPP at 55

#167608

Postby JohnB » September 20th, 2018, 7:10 am

The LDs, which as the only anti-Brexit party should be storming ahead, do themselves no favours with such proposals, which unpopularity aside, would be hard to implement as a retrospective tax steal with a cliff-edge.

TedSwippet
Lemon Slice
Posts: 578
Joined: November 4th, 2016, 12:57 pm
Has thanked: 134 times
Been thanked: 299 times

Re: Taking 25% Tax-Free Withdrawal from HL SIPP at 55

#167734

Postby TedSwippet » September 20th, 2018, 5:16 pm

JohnB wrote:The LDs, which as the only anti-Brexit party should be storming ahead, do themselves no favours with such proposals, which unpopularity aside, would be hard to implement as a retrospective tax steal with a cliff-edge.

Yup. With policies such as this, it is almost as if the LDs are going out of their way to make certain that they are not a part of any future government.


Return to “Retirement Investing (inc FIRE)”

Who is online

Users browsing this forum: No registered users and 31 guests