HMRC have now confirmed that an individual can carry forward unused annual allowance from any year (2008/09, 2009/10 and 2010/11) during which they were a member of a registered pension scheme, regardless of whether they made any contributions during that year or had a nil pension input amount during that year.
They have also confirmed that contributions must be paid into the same pension scheme and to obtain tax relief, earnings must support the contribution in the tax year that it is made.
Friday 26 November 2010
Wednesday 10 November 2010
UK Treasury tax relief review.
Under the microscope are 1042 tax reliefs, which include inheritance tax relief and capital gains tax relief options. Which will survive only time will tell.
Trouble at Gartmore?
A familiar story of defecting star fund mangers and a falling share price. You can almost see the vultures circling above. Read all about it.
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