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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.