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Transact Technical Centre

Welcome to the Technical Centre, giving you access to insights and articles from our experienced Technical Team. You can filter all articles by topic using the dropdown menu to the right.
Year-end tax planning: making the most of the available allowances
With the tax year deadline approaching, the window for making use of the of the available allowances and reliefs is soon to end. The end...
Maximising pension contributions and the tapered annual allowance
As we start to approach the end of the tax year, the clock starts ticking for maximising contributions into tax exempt wrappers. Whilst the standard...
Bond withdrawals – calculating chargeable gains
The Transact Onshore and Offshore Bonds are both life assurance policies and whilst the investments linked to the bond might generate income and capital gains,...
Age 75 Tests and their impact on the lump sum allowance and lump sum death benefit allowance
Given the complexity surrounding the lump sum allowance (LSA) and lump sum death benefit allowance (LSDBA), the impact of benefit crystallisation events (BCEs) prior to...
OVERVIEW OF SALARY SACRIFICE CHANGES
One of the less surprising measures in the Autumn Budget 2025 was the announcement of changes to the NIC treatment of pension contributions made via...
The Budget 2025
After much anticipation and rumour, the Chancellor finally delivered her Budget on 26 November although not before details had already been seen as the OBR had...