This article takes a look at the relaxation of the rules concerning ongoing contributions to persona...
This article takes a look at the relaxation of the rules concerning ongoing contributions to personal pensions and stakeholder schemes when a policyholder moves abroad. Before the changes in the tax regime, it was possible to continue contributions after moving abroad only if the policyholder was subject to UK tax including seafarers who qualify for the 100% foreign earnings deductions or by using the provisions of carry back and carry forward of unused tax relief. The new tax regime for personal pensions and stakeholder schemes provides an individual with the opportunity to continue to...
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