Spring 2010 Newsletter
Content
Leading article...
We can't go on like this...
General tax...
The name is Bond
Blessed are the givers
Excuses, excuses
PAYE the penalty
Silver and gold
Moving goalposts
Doctor, doctor...
Something phishy
Pension problems
Tax dot com
Unpleasant discoveries
Fair's fair (at last)
Chartered taxpayers
This year, next year
VAT...
Focus your mind
Flat rates aren't flat
Reverse the charges
Flapjack flash
Ready set ECSL
A lofty idea
Law items...
I want my lawyer
Not on my holiday
A grey area
No difference
| Pension problems
Since last April there have been special rules to catch attempts to get around the restriction of pension tax relief from April 2011 for those earning over £150,000. If you pay extra contributions now to beat the change, you may suffer an extra tax charge.
There were changes to these rules in December so that contributions paid by employers can be caught, and people on incomes of £130,000 - previously £150,000 - can be affected. If you have an income around that level, or have had in the last two years, and you want to pay extra contributions totalling more than £20,000 in the year, discuss it first with us. We'll check whether you might trigger the tax charge. |
|