TaxCorporate TaxStandard Life demands news of tax breaks

Standard Life demands news of tax breaks

Standard Life writes to Revenue to ask if it intends to proceed with unquoted share rules, amidst fears about further Sipp u-turns

Standard Life has written to HM Revenue & Customs asking whether it
intends to proceed with pension tax breaks that will allow private companies to
invest capital in their companies.

The rules mean that Sipp investors will be able to hold unquoted shares in
their pension funds. Small businesses could get an injection of capital from
their own pension fund as a result by issuing shares to their Sipps, the FT
reported at the weekend.

There is anxiety in the pensions industry about the new tax breaks after the
government dropped the residential property rules for Sipps in the pre-Budget
report. Providers do not want to invest money selling products that will be
ruled out by other sudden changes.

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2w Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2w Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

3w Alia Shoaib, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

1m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

2m Emma Rawson
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

3w Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

3w Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

4w Austin Clark, Reporter