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Pension Contributions: a window of opportunity?

Matt Thomas, Director, Broomfield & Alexander

Matt Thomas, Director, Broomfield & Alexander

Following recent reforms on how pension benefits can be taken from money purchase pension schemes, further changes were announced in the last Budget which will seek to limit tax relief on pension contributions paid for those with ‘adjusted income’ above £150,000.

The rules come into effect from 6 April 2016 and result in a tapered reduction of...

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Winners and losers in the new dividend tax regime

Seamus Gates, Director, Broomfield & Alexander

Seamus Gates, Director, Broomfield & Alexander

In the recent Budget, the tax landscape changed in a way that many of us who deal with owner-managed limited companies were not expecting. The result of this is that the mantra of dividends are always beneficial over salaries is more marginal than it was before. You will be forgiven for not hearing about...

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