The long anticipated date for A-day - the day when the new simplified regime for taxing pensions wil...
The long anticipated date for A-day – the day when the new simplified regime for taxing pensions will come into force – has finally been revealed as 6 April 2005 by secretary of state for work and pensions Andrew Smith. The government intends to legislate the new regime next year. However, in response to industry concerns about the need for more time, it has decided to wait another two years before implementing the new simplified regime. This give time to adapt to the new rules, and enable providers to make the necessary changes to their systems, the Government says. ...
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