Latest news and views tagged emergency budget
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Back in June, I wrote about the Chancellor’s announcement in his emergency budget that the Government would look at overhauling legislation that would restrict pensions tax relief from April 2011. The...
Restricting pensions tax relief for high earners: time for another consultation…
Earlier this week, I wrote an article warning that restrictions on pensions tax relief were due to come into effect on 6 April 2011, but that in his forthcoming Budget speech, the Chancellor of the Exchequer...
Non-dom taxation: time for a re-think?
The BBC recently reported that the £30,000 remittance charge levied on non-domiciled (“non-dom”) individuals in the UK raised just £130m in its first year – way below the £650m that the former...
Capital Gains Tax Rises
By now you'll have heard that capital gains tax (CGT) is on the rise. Assuming that the Government don't propose retrospective legislation, you've probably got until 22 June to sort yourself out and crystalise...