Continuing our regular feature the Pensions team at Norton Rose bring us up-to-date with the pensions news and provides a legislative update
Inland Revenue simplification — further consultation document
On 10 December 2003 the Government published its second set of proposals relating to simplification of the tax regime for pensions. The main features are set out below.
£1.4 million lifetime allowance
The Government has commissioned the National Audit Office (NAO) to consider the accuracy of its estimate of how many people will be affected if a lifetime limit of £1.4 million is introduced in effect abolishing the current cap on pensionable earnings of...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Continuing our regular feature the Pensions team at Norton Rose bring us up-to-date with the pensions news and provides a legislative update
Inland Revenue simplification — further consultation document
On 10 December 2003 the Government published its second set of proposals relating to simplification of the tax regime for pensions. The main features are set out below.
£1.4 million lifetime allowance
The Government has commissioned the National Audit Office (NAO) to consider the accuracy of its estimate of how many people will be affected if a lifetime limit of £1.4 million is introduced in effect abolishing the current cap on pensionable earnings of...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
