Helping employees avoid unexpected tax bills
Many CEOs will be aware of the radical changes to pension schemes that come into force from 6th April 2016.
However, under the new legislation other high earners in their organisation such as senior management and directors, could also be affected and could end up with unexpected and unwanted tax bills.
Whilst this will mostly apply to high earners, there will be some people earning below £150,000 that may also be impacted and people with a basic salary of more than £100,000 should also be seeking financial advice. CEOs would be wise to ensure they are communicating the changes to their employees now so that can take any action needed before April.