Tag Archives: scheme pays

So what’s unfair about a Pension Wealth Tax?

In this article I argue that any tax increases levied on the rich are ok by me, and I’m rich. The bias of vested interest The vast majority of people get tax relief on their pension contributions. Some people are excluded by … Continue reading

Posted in accountants, Henry Tapper blog, pensions | Tagged , , , , , , , , | 5 Comments

Payroll’s good fortune or a pension administrator’s nightmare?

Many of us will have breathed a sigh of relief on hearing that the Chancellor did not intend to make any changes in the pension tax relief. Whether it was moving to a flat rate (possibly unaligned with any tax-band … Continue reading

Posted in pensions | Tagged , , , , , , , , | 3 Comments

“The re-nationalisation of pensions”

Who pays? – Scheme Pays! Buried deep in the technical pages of HMRC’s pension regulations is reference to a breezy topic “Scheme Pays“. “Scheme Pays” allows an occupational pension scheme to pay a member’s tax bill where the member has … Continue reading

Posted in pensions | Tagged , , , , , , , | 6 Comments