I agree We use cookies on this website to help us provide the best user experience. By browsing this site you agree to their use - more information is available here.

Barnett Waddingham
0333 11 11 222

Budget 2015 – Take Two

Published by Tyron Potts on

The Chancellor of the Exchequer’s second Budget of 2015 - the first of this new parliament – included a number of announcements in relation to the taxation of pension savings.

The tapered reduction in the Annual Allowance for high earners from 2016/17 may have seemed a straightforward proposal, but the transitional arrangements, the way in which the tapering is calculated, and consequential changes to ‘Pension Input Periods’ are likely to induce headaches for affected pension savers.

Budget 2015 - Take Two
60.6 KB | PDF

About the author

  • Tyron Potts

    Tyron advises trustees of UK defined benefit (DB) pension schemes on scheme funding, governance matters and winding up. He also advises employers on pension benefit design and accounting for pension costs in corporate accounts under a number of local and international accounting standards.

    View Biography

Updates delivered to you

Stay ahead with our latest comment, expert insight and event details.