pension « Imbercal

Budget June 2010 – How the budget will affect you.

By Rich, on June 22nd, 2010%

Following George Osbornes emergency budget today, 22 June 2010, below are a list of changes that will take affect in the future.

Tax Changes

The standard rate of VAT will rise from 17.5% to 20% from 4 January 2011.

The Personal allowance for under 65’s will rise from £6,475 to £7,475 for the 2011-12 . . . → Read More: Budget June 2010 – How the budget will affect you.

By Rich, on January 11th, 2010%

From 6 April 2010, the normal minimum pension age for registered pension schemes is increasing from 50 to 55.

From this date, payments to a member under the normal pension age are likely to be unauthorised unless:

the member has a protected pension age the normal minimum pension age does not apply because the . . . → Read More: Change in Pension Age