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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.
Salary sacrifice – is change on the horizon?
In the run up to last year’s Autumn Budget there was considerable speculation over the tax breaks afforded to pension contributions and lump sum payments....
A study in gifting – too late to change after death?
Generally, once a gift has been made it cannot be ‘undone’ as doing so cancels the inheritance tax planning objectives. However, where someone’s estate is...
A study in gifting – the challenge of large-scale wealth transfer
Whilst you can give any amount away as outright gifts, and IHT may only be payable if you die within seven years of making each...
Annual limit for pension contributions
We are often asked about how pension scheme members can maximise their pension contributions, taking into account the annual allowance, tapered annual allowance, and the...
Increase to normal minimum pension age
It has been over two years since the announcement that the normal minimum pension age (NMPA) will be increased from age 55 to age 57...
A study in gifting – the challenge of large-scale wealth transfer
Whilst you can give any amount away as outright gifts, and IHT may only be payable if you die within seven years of making each...