Category: General News
- Mar 16 2023What the Tax Changes in the Spring 2023 Budget Means For Your PensionIn the Spring Budget 2023, Jeremy Hunt simplified the pension tax regime and removed a major restriction which had limited pension savings. We share our understanding of the principal changes announced.General News
- May 20 2020News Update: International Association of Consulting Actuaries ChairmanWe are proud to announce that Nigel Sloam became Chairman of the International Association of Consulting Actuaries (IACA) this month.General News
- Mar 11 2020Budget 2020In his Budget today Chancellor Rishi Sunak has relieved considerably some of the currently onerous restrictions on pension contributions for higher earners. For the tax year 2020/21, reductions in the annual maximum contribution limit will only apply to people:a) whose taxable income exceeds £200,000 (previously £110,000) andb) additionally, whose taxable income plus imputed...... Read moreGeneral News
- Jun 28 2019A Possible HMRC Threat To SSASs With Dormant CompaniesHMRC appear to have decided, for no obvious reason, to target schemes where the Employer has become dormant. In such cases HMRC may take action to deregister the Scheme resulting in a tax charge of 40% of the value of the assets.General News
- Mar 14 2017Lexis Nexis Article March 2017Pensions analysis: The government has introduced a charge on transfers to qualifying recognised overseas pension schemes (QROPS). Nigel Sloam, senior partner at Nigel Sloam & Co Actuaries and Consultants, and Liz Fallon, partner at Eversheds Sutherland, discuss the proposed changes.General News