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. […]
Read More… from Compensation & Benefits: UK income tax and social security – the new realities
New personal pension accounts regime – an employer’s guide […]
Read More… from Compensation & Benefits: New personal pension accounts regime
Thomsons Online Benefits publish Employee Rewards Watch 2009 […]
Read More… from Compensation & Benefits: Thomson Online Benefits publish Employee Rewards Watch 2009
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’. […]