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How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

BRIEF-Qianjiang's Controlling Shareholder Zhejiang Geely To Transfer All Its Shares To Geely's New Energy Firm

Reuters

May 9 (Reuters) - Zhejiang Qianjiang Motorcycle Co Ltd :

* SAYS CONTROLLING SHAREHOLDER ZHEJIANG GEELY HOLDING GROUP SIGNS AGREEMENT TO TRANSFER ALL OF ITS 135.0 MILLION SHARES, OR 29.77 PERCENT STAKE, IN THE COMPANY TO GEELY'S NEW ENERGY FIRM FOR 1.1 BILLION YUAN ($161.27 million)

* SAYS NO CHANGE IN COMPANY'S OWNERSHIP AFTER THE TRANSACTION Source text in Chinese: https://bit.ly/2VSwDom Further company coverage: ($1 = 6.8210 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)