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

HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

7d Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

2w Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

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

3m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

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

3m 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

4m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

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

4m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

4m 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

4m Austin Clark, Reporter