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Pensions Simplification — What's Missing From The Review?

Kim Harmer, education officer for the CIOT's London Branch and a senior manager in KPMG's insurance tax practice, revisits the Inland Revenue's consultation paper on the taxation of pensions

 
Kim Harmer education officer for the CIOT's London Branch and a senior manager in KPMG's insurance tax practice revisits the Inland Revenue's consultation paper on the taxation of pensions
 
Just as we were all looking forward to a few days off over Christmas 2002 the promised HM Treasury and Inland Revenue Consultation 'Simplifying the taxation of pensions: increasing choice and flexibility for all' was issued alongside the Department for Work and Pensions (DWP) document 'Simplicity security and choice: Working and saving for retirement' on 17 December. Such was the degree of public interest in these documents that comments appeared in almost all of...

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