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Tax in Turbulent Times

Continuing our series on 'Tax in turbulent times', Lee Jagger and Ian Cochrane of KPMG LLP look at significant pension issues and the associated corporation tax implications

 
Continuing our series on 'Tax in turbulent times' Lee Jagger and Ian Cochrane of KPMG LLP look at significant pension issues and the associated corporation tax implications
 
According to recent surveys of UK corporate pension schemes a majority expect their sponsoring employers to have to increase the contributions they make following the next valuation. This from a pensions perspective is the primary consequence employers will face following the recent credit-crunch-related financial volatility. With a tax deduction generally available to companies for contributions on a paid basis this helps to lessen the financial burden. However companies will need to consider carefully how and when...

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