Summary
EMPLOYERS face a crackdown on tax relief gained through assetbacked pension contributions, the Government said yesterday. Measures will be included in the Finance Bill 2012, backdated to yesterday, to ensure the value of tax relief accurately reflects the amount of payments actually received by a pension scheme.
In a written statement to Parliament, Financial Secretary to the Treasury Mark Hoban said the measure would prevent employers getting "unintended, excessive tax relief ". The Government consulted on the measure earlier this year.See the full content of this document
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Treasury Reveals Tax Relief Measures
Mr Hoban said: "The Governmen...
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