Taxation U.K.

Tolley's Pensions Taxation 2011-2012

By Stephen Ward
LexisNexis U.K. October 2011

Specifications

ISBN-13
9780754541769
Publisher
LexisNexis U.K.
Publication
October 2011
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

Pensions are high on the agenda. It's now 5 years since the major overhaul of pensions' taxation that was referred to as pensions' tax simplification. However the taxation of pensions is no simpler than before and nowadays even the experts struggle to understand how pensions' taxation works, and what its practical effects may be.

This new title highlights all of the changes which have taken place since 2006 - and also includes any new 2011 changes to the pensions' taxation regime. The book explores in a practical fashion, both the general principles and the details of how the tax system interacts with pensions, both for conventional pension schemes and for schemes and other arrangements for the higher paid.

This is a valuable and essential reference source for all tax practitioners involved in advising on pensions, which explains how the system works in an understandable style.

Table of Contents

  • Introduction;
  • The basic system of pensions taxation;
  • Taxation of contributions;
  • Taxation of benefits;
  • Taxation of income;
  • Pension taxation for the higher paid;
  • VAT;
  • Inheritance Tax;
  • Overseas pensions;
  • Relationships with HMRC;
  • Pensions and divorce;
  • Transfers;
  • Investments;
  • Merger of schemes;
  • Charges and penalties;
  • Unregistered schemes;
  • Technical issues: Crystallisation events;
  • Technical issues: Employment issues;
  • Other taxes;
  • Conclusion
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