A-Day arrives!


After a long journey tax simplification has finally arrived at its ultimate destination, A-Day (6 April 2006). Many occupational pension schemes will already have made changes to enable them to disembark and embrace the more flexible pensions tax world. But for other schemes, A-Day either marks the junction between two tax regimes or the beginning of a transitional period during which trustees and employers will decide which tax simplification track to take. Here we take a brief look at the options and at some of the further changes timetabled for the next few months.

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