Praise where praise is due

From last April, the way in which employers get tax relief on their pension contributions changed. Up until then, pension contributions (within allowed limits) would generally qualify for tax relief. But the A-Day abolition of the maximum contribution limits predicated a change in the Government’s view. The result was the application of ‘wholly and exclusively’ rules, widely used for other business expenses, to employer pension contributions. This change created uncertainty throughout last year. How much could an employer contribute and receive tax relief? What about employed spouses? I...