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Pension Simplification

Tax-Free Property Investments and Pension Simplification

Pension simplification proposes to replace the eight current sets of pension rules with one amalgamated pension scheme. The complicated old regime will be scrapped, and anyone will be able to contribute up to 100% of their earnings or over £200,000 a year to any type of pension scheme. For more information click this link: Pension simplification.

Full tax relief will be available on such contributions at a person's highest rate, making this an excellent tax planning opportunity for people with much disposable income, and providing a great second chance to those who have left pension planning until later life.

Taxcafe's newest guide "Tax-Free Property Investments" by Nick Braun looks to give readers a chance to make the most of this pension simplification.  The proposed rules open up a whole new avenue of tax breaks for those in the know, so make sure come April 2008 you're not left in the dark.  Follow the link below for further details:

All of the Taxcafe range of tax guides are updated regularly, and are available in printed book format.

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