HM Revenue and Customs (HMRC) has published its order to reduce the amount of tax due on surplus repayments, due to come into force from 6 April.
The Authorised Surplus Payments Charge (Variation of Rate) Order 2024 set out the new authorised surplus payment charge at 25%, (previously 35%), following the chancellor's announcement in the Autu...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders