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BHS and a number of others took contribution holidays in the 90's, on the back of a stock market boom. It's those that I was referring to.
by soVeryTired 10y ago
BHS and a number of others took contribution holidays in the 90's, on the back of a stock market boom. It's those that I was referring to.
- gaius 10y agoThey had no choice, because of the rules I mentioned. The Revenue deemed their pensions "over-funded".
- soVeryTired 10y agoIf you've got a link explaining the tax rules I'd be interested to see it. Seems to me like companies should prudently fund their pension obligations before minimising their tax bill.