HMRC are inviting comments by 1 June on draft anti-avoidance legislation to provide that certain foreign pensions paid to UK residents may be taxed in the UK.
The government is consulting on proposed changes to limit ‘unintended tax relief’ for employer ‘asset-backed’ contributions to defined benefit registered pension schemes.
Recent changes to the EIS and VCT rules make it more difficult for many overseas companies to qualify. Robert Langston sets out potential solutions
Mark Bevington considers the Budget announcement of a future change to tax rules to limit the deduction for asset-backed pension contributions
HMRC’s Pension Schemes Newsletter Number 46 includes articles on scheme sanction charge assessments; changes to the penalties regime; the restriction of pensions tax relief; and ‘disguised remuneration’.
The Social Security (Reduced Rates of Class 1 Contributions, Rebates and Minimum Contributions) Order, SI 2011/1036, sets out revised rebate rates for national insurance contributions which will apply in respect of members o
The government is to close with effect from 6 April 2011 an ‘unintended tax loophole’ for UK residents transferring pension savings overseas, the Treasury announced.
The Child Trust Funds (Amendment No. 2) Regulations, SI 2011/992, relax in some circumstances the requirement for CTF providers to issue annual statements.