Compensation & Benefits: Pensions reforms – new disclosure rules for tax avoidance schemes

Following on from the announcements in April of this year regarding the restriction of higher rate tax relief on pension contributions for those earning more than £150,000,…. […]

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Compensation & Benefits: Amendment to AIM rules to now require disclosure of directors’ remuneration

On 15 December 2009, the London Stock Exchange published AIM Notice 35, detailing proposed amendments to the AIM Rules. […]

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Compensation & Benefits: UK income tax and social security – the new realities

We look at the new tax rates in force from April 2010 as well as the new rules on tax relief for pension contributions. Changes to the UK tax system taking effect from 6 April 2010 significantly increase the tax burden on those earning over £100,000, with some paying income tax at a 60% rate.  […]

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UK Pensions: Act now to avoid reduction in the lifetime allowance of tax free pension benefits

From 6 April 2012 the lifetime allowance will be reduced by £300,000 to £1.5 million. Pension benefits in excess of the lifetime allowance will be taxed at 55%. Now is the time to consider ‘fixed protection’. […]

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