Wealthy

  • BusinessAOL

    Will you benefit from the £1m IHT allowance

    The £1 million inheritance tax (IHT) allowance made a good headline but there is confusion about who exactly will benefit. Chancellor George Osborne used the summer Budget to lay out plans for a £1 million IHT allowance that will allow family

    2-min read
  • BusinessAOL

    Drawdown: still a retirement solution for the rich

    Pensions freedom was supposed to herald a levelling of the playing field when it comes to accessing retirement cash. Previously, only the wealthy could use pension drawdown (where the pension remains invested and an income or lump sums taken

    2-min read
  • BusinessAOL

    Have pension freedoms broken Britain's social contract?

    The pension freedoms have focused on the ability to get your savings out as cash from April. But the changes to death benefits that allow wealthy individuals to pass on their pension are more radical and arguably more damaging to the UK's

    2-min read
  • BusinessAOL

    Wealthy homeowners are already trying to dodge the mansion tax

    There must be a lot of wealthy people out there who are pretty sure of the next government will be Labour as three months before the election, there has already been a rush to avoid Ed Miliband's mansion tax. Wealthy homeowners with a

    2-min read
  • BusinessAOL

    How the richest can still dodge the Stamp Duty hike

    The introduction of a new Stamp Duty system is supposed to hit the richest who can afford to pay £1 million for a property but in reality the very wealthy are still getting away with contributing far less than their due when they buy property.

    2-min read
  • EntertainmentAOL

    Stop moaning Myleene: you can afford to pay a Mansion Tax

    Shadow prime minister Ed Miliband has a long list of failures behind him, including attracting criticism for the way he eats a bacon sandwich, but he probably wasn't prepared to be taken down by a former popstar. Myleene Klass took Miliband

    3-min read
  • BusinessAOL

    Mansion tax won't just hurt the wealthy

    Ed Miliband plans to wield the axe of mansion tax as a means to close the gap between the haves and the have-nots, but there are fears that this supposed tax on the wealthy could hurt us all. For starters, let's get something cleared up:

    2-min read