Defining life 'wholly and exclusively'

Any hope that things may become simpler as the transition arrangements work their way out of the system looks increasingly forlorn as the government continues to tinker with the legislation. An even greater problem than the complexity, though, is continuing uncertainty over parts of the new regime. The most serious example is the confusion over employer contributions, despite recently-published Revenue guidance. As a reminder, contributions up to an ‘annual allowance’ (currently £215,000) can be paid into a pension for an individual in any ‘input period’ (which is normally 12 months, but...