Back?
Year End Tax Review 2005


Contents

Don't leave it to chance

Family tax planning

Tax payback - tax credits

Pay rise for the other half?

Jam today, or jam tomorrow?

Pension payments and tax relief

Employee pensions

Children's pensions?

Borrowings and tax

Investment limits

Employee cars and fuel

Give generously and save tax

Capital gains

Capital losses

Second homes

Company or trade?

Inheritance tax

Children's savings?

Business tax

Two jobs = too much NIC?

Should VAT be flat?

Mutiny and bounty

One careful owner

A matter of trust

Employee pensions


If you are a member of an employer's pension scheme, the rules for topping up your benefits are not the same as those applying to the self-employed or employees outside an employer scheme. You are able to pay in a total of 15% of your salary (as well as whatever the employer contributes), but you have to do this during the tax year. If you want to make an "additional voluntary contribution", then, you have to make the payment by 5 April.

Action Point!
Do you want to increase your pension benefits?

Illustration