PRE BUDGET REPORT 2006 - TO DRAW OR NOT TO DRAW THAT IS THE QUESTION!
Buried in the undergrowth of press releases etc. issued after Gordon Brown’s Pre-Budget Report on 6th December 2006, are announcements of further proposed changes to the new “simplified” pensions tax regime - plus new taxation for SSAS’s (small self-administered pension schemes) and SIPPS (self-invested personal pension). These could have a major impact on many of our clients’ wealth strategy and planning.
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