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.
Dec 06 2006
Pre Budget Report 2006 - To Draw or Not to Draw That is the Question!