All Tax articles – Page 16
-
NewsHow the 2015 Budget affects your scheme
Chancellor George Osborne’s ‘cost-neutral’ Budget announcement today still managed to herald further changes to the pensions landscape, including plans for a secondary annuities market and a hefty 20 per cent cut to the lifetime allowance.
-
Opinion
What a Labour government could mean for pensions
PTL’s Richard Butcher outlines six key areas in which a Labour-led government could determine the next steps for UK pension provision.
-
Opinion
Decoding HMRC’s reading of the VAT verdict
Hogan Lovells’ Katharine Howe explains why HMRC’s guidance on VAT, following important European court rulings, spells good news for DC schemes but bad news for DB.
-
Opinion
How your scheme can benefit from the VAT changes
Fresh guidance from HM Revenue & Customs on VAT charges for scheme management services may have passed people by during the holiday slowdown.
-
Opinion
What could a Conservative government mean for pensions?
LCP’s Bob Scott argues a Conservative government in May could mean changes to pensions tax relief, further public sector reduction and the discouragement of collective pensions, if past performance is any guide to the future.
-
Opinion
Why relief doesn't come easy with pensions tax
Nobody understands it. It gives the greatest benefit to the wealthy. And it simply is not working as an incentive to get people saving into a pension. We are, of course, talking pensions tax relief.
-
Opinion
What schemes can learn from this year’s top 5 legal stories
Legal rulings on issues including increased pension loss payouts, clarification on RPI guidance and the introduction of new accounting reporting frameworks have challenged schemes to respond and factor in these changes in the year ahead.
-
News
TPAS: Wave of requests to hit schemes and administrators in April
The Pensions Advisory Service has warned that scheme trustees and administrators risk being overwhelmed in April by members eager to access their savings at the earliest opportunity, having waited a year for the pension freedoms to come into play.
-
Opinion
How greater Scottish devolution could affect your scheme
Aries’ Ian Neale looks at why schemes need to prepare for changes to the Scottish tax system and how proposed devolution could affect them further.
-
Opinion
What you need to know from this week's pensions headlines
It has been another couple of days of announcements in the ever-changing world of pensions.
-
Features
Hyde Group uses employees to design flex bens
Housing provider Hyde Group has set up a flexible, employee-designed system for scheme members to access their benefits, in a drive to retain and attract talent.
-
Opinion
The Tories' individualist, messy pensions policy provides boost for some
Prime minister David Cameron's policy-laden speech to his party's conference today put this week's abolition of the 55 per cent pensions inheritance tax at the heart of its message to core voters.
-
News
How devolution could affect your scheme
Scheme professionals have predicted devolved tax and welfare powers to Scotland, England, Wales and Northern Ireland could increase the cost of administering schemes which have members across the UK, though others doubt the impact.
-
News
How the PPI's answers to the adequacy question stack up
The Pensions Policy Institute has said higher statutory contribution levels for median-higher earners and more contribution-matching could improve retirement outcomes, but has received a mixed response including warnings of unintended consequences.
-
News
Yes or No: schemes brace for Scottish independence vote
Pension scheme managers and industry experts are focusing on tax and cross-border funding requirements as challenges that could arise out of next month’s Scottish independence vote, regardless of the outcome.
-
News
Invensys terminates reservoir trust as surplus grows
Invensys Pension Scheme has exceeded full funding on a technical provisions basis and has taken the unusual step of terminating a reservoir trust that was set up to provide funding security after the employer was purchased.
-
News
One in four executives taking cash in lieu of pensions
The number of FTSE 250 executives taking taxable cash supplements instead of pensions has risen, according to a survey, as the way high-earners receive benefits has changed in light of lower lifetime and annual allowance limits.
-
News
Schemes face costly tax defeat after HMRC ruling
Defined benefit schemes have been urged by advisers to take steps to ensure they can continue to recover VAT on professional services, following an unexpected legal interpretation from HM Revenue & Customs.
-
News
LLPs forced to consider enrolling partners after Supreme Court ruling
The Pensions Regulator has said limited liability partnerships will have to consider auto-enrolling their partners, after a Supreme Court decision threw their employment status into doubt.
-
OpinionThe DC Debate – judging the impact of the saver's Budget
This quarter's debate of the crucial issues facing defined contribution scheme managers and trustees evaluates the fallout of the 2014 Budget, as well as the pensions minister's latest comment on tax relief.