Budget 2013: Spouses' tax relief loophole closed

clock

The government has confirmed it will end tax relief on contributions to schemes set up for employees' spouses or families as part of a clampdown on avoidance.

HM Treasury revealed in the budget that it would include legislation on the practice in the Finance Bill 2013. It said: "As announced at Budget 2012, legislation will be included in Finance Bill...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Former company director pleads not guilty to pension fraud charges

Former company director pleads not guilty to pension fraud charges

Defendant charged with two counts of defrauding his workers’ pensions

Martin Richmond
clock 09 May 2024 • 1 min read
The importance of pension comms being 'private and confidential'

The importance of pension comms being 'private and confidential'

Richard Bacon and Jeremy Goodwin look at the learnings from Farley v Paymaster

Richard Bacon and Jeremy Goodwin
clock 08 May 2024 • 4 min read
Robin Ellison: Regulators and revolution

Robin Ellison: Regulators and revolution

PP’s regular columnist looks at a series of pushbacks against excessive regulation

Robin Ellison
clock 07 May 2024 • 12 min read
Trustpilot