ALEX BRUMMER: Labour's big pension lie They claim to be the party you can trust with your retirement. In fact, Keir Starmer's plotting a stealth tax raid (just like Gordon Brown!)
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ALEX BRUMMER: Labour’s big pension lie… They claim to be the party you can trust with your retirement. In fact, Keir Starmer is planning a secret tax raid (just like Gordon Brown!)
Before New Labor's landslide victory in the 1997 general election, I learned from reliable City sources that the party's future chancellor, Gordon Brown, and his economic adviser Ed Balls were planning a tax seizure of Britain's pension funds.Working secretly with the now-defunct accounting firm Arthur Andersen, they worked on a law that would repeal the tax breaks that British companies enjoyed on dividend payments into company pension schemes.The estimated £5 billion a year the government...
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Explained: How are foreign pensions taxed in France?
Deciphering whether or not you will owe French tax on your foreign-based pension can be very confusing. The Local has spoken with experts and consulted tax treaties for the US, the UK, Canada, and Australia to give an overview of how you might be affected.
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The unfortunate truth about claiming Social Security at age 70
If you want to get the biggest Social Security check possible, you’ll likely have to wait until you turn 70 years old. The program rewards participants who wait to start collecting their benefits by offering them up to 8% for each year they delay past their full retirement age. Benefits top out at 70, and more often […]