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Archive | October, 2010

Tax Return Deadline Fast Approaching – 31st October 2010

Wednesday, October 27, 2010

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2010/2011 Self Assessment Tax Returns for income earned between 6th April 2009 and 5th April 2010 The deadline for filing paper Tax Returns this year is only 4 days away. This year the cut-off requires all paper Tax Returns to be filed before midnight Sunday 31st October. Remember, if you are late with filing you [...]

Pension Tax Relief To Be Capped to £50,000

Thursday, October 14, 2010

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From April 2011, the annual allowance for tax relief on pensions is to be slashed from £255,000 to £50,000. Lifetime pension savings receiving relief are to be reduced from £1.8m to £1.5m also. An individual can save as much they like, if you are earning £75k you can put £75k into your pension if you [...]

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