PTL Blog

Thank you, Mr Hammond

Posted by Richard Butcher on Nov 24, 2016 9:17:58 AM

A month or so ago I wrote a blog pleading with the Chancellor not to make changes to pension scheme reliefs (click here to read it).

Thanks, Mr Hammond, for listening.

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Topics: tax relief, autumn statement

The Lifetime Allowance is deeply flawed and has to go

Posted by Colin Richardson on Nov 16, 2016 11:08:56 AM

Lifetime Allowance: what is it good for? Absolutely nothing. Fans of Edwin Starr, Frankie Goes to Hollywood or Bruce Springsteen may remember the song “War: what is it good for?”.

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Topics: tax relief, pensions legislation, lta

Please, Mr Hammond, don't fiddle with tax relief

Posted by Richard Butcher on Oct 19, 2016 8:12:56 AM

With the Autumn statement just a few weeks away and the Chancellor’s first conference speech in the bag, I’m sure the Treasury is a hive of activity today. The tone has been set: go sort the actions.

The message of a marginally more relaxed pace of deficit reduction (pension schemes do it – why not Treasuries?) may not give the Chancellor much room for manoeuvre, but at least it eases some of the more urgent pressures. 

Time, then, for a plea: Please, Mr Hammond, please don't fiddle with pension tax relief.

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Topics: uk budget, tax relief, autumn statement

Pensions Tax Context: The “un-squeezed” middle and the budget deficit

Posted by Colin Richardson on Mar 1, 2016 4:28:09 PM

The March 2016 budget is surpassing all before in pensions tax speculation. Some commentary has verged on the melodramatic! Context is required. This article sets out the context: it is intended to be policy-neutral.

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Topics: Pensions, independent pension trustees, budget deficit, march2016, uk budget, budget2016, budget 2016, tax relief

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