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Annual and lifetime pensions allowances to be reduced

2 November 2010 | Iain Donaldson

On 14 October 2010, HM Treasury published a summary of the responses that were made to its discussion paper on restricting pensions tax relief. I outlined the discussion paper’s proposals back in August. As...

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Changes to Pensions

14 October 2010 | Shimon Shaw

As we have reported previously the Government have been looking at restricting Pensions relief for some time now. The Treasury have just now issused the following press release, which we will consider...

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Government consults on alternative to restricting pensions tax relief

6 August 2010 | Iain Donaldson

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...

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Restricting pensions tax relief for high earners: time for another consultation…

25 June 2010 | Iain Donaldson

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...

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High earners beware: restrictions on pensions tax relief are just around the corner…

21 June 2010 | Iain Donaldson

The Government is coming under increasing pressure from business groups and accountants to reverse the planned reduction in tax relief on pension contributions, which is due to come into effect in April...

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