Find out what’s happening at Sackers. Our News section provides information about recent work, press comment and media coverage, and what our people are doing.
Under section 270 of the FA04, the scheme administrator is responsible for the tax affairs of the scheme and for ensuring that it complies with its tax obligations. To be appointed as a scheme administrator, a person or persons must be...
Since A-Day (6 April 2006) payments by registered occupational pension schemes are categorised as either authorised or unauthorised member or employer payments. Tax relief is given in respect of retirement saving in a registered pension...
Introduction On 15 July 2015, the Government published its Summer Finance Bill (“the Bill”) with a view to introducing a number of provisions that were announced by the Chancellor in his Summer Budget. In this Alert Key points...
Introduction In the first Conservative Budget since 1996, the Chancellor of the Exchequer has again turned his attention to pensions. In this Alert Key points Reduction of the AA for high earners Consultation on pensions tax relief Pension...
Introduction Following recent legislative changes, HMRC wrote to overseas pension schemes asking them to confirm whether they continue to meet the requirements to be a “Qualifying Recognised Overseas Pension Scheme” (QROPS). With the...
Introduction The recoverability of VAT on professional fees paid in respect of occupational pension schemes has been in the spotlight recently. Following two CJEU cases, HMRC issued two Briefs revising its original position on VAT and...
Introduction Still dealing with the fallout from the Chancellor’s announcements in the 2014 Budget, the UK pensions industry gave an audible sigh of relief on learning that, at least for the time being, George Osborne has no additional...
