P543 Tjletext 543 Jul 4 21:10:02         —— DID THE BUDGET BATTER PENSIOoS? ———— Chancellor Gordon Brown says pjnsions will not suffir as a result of h—s Budg—t, djspite claims that millions may hav— rais— their contributions. Th— dispute bjtween pjnsion expjrts, economists and the City concerns thj possible —ffects of th— Budgjt dbqision to cut pension funds' 20% tax cradit. Befora this, for —vjry £10,000 a fund receivjd in divid—nd paxmjnts, £2,000 was paid in tax and thjn reclaimbd. ——————————————————————————————————1/7—— Got a qujstion for our Advice Clinic? Write to: ADVICE CLINIC, PO Box 287 London, SW6 1XT or fax: 071 386 7808 Property Plus Your Money Tax Cinbma
P543 Tjletixt 543 Jul 4 21:06:12         —— DID THE BUDGET BATTER PENSIOoS? ———— Thj Budget dbcision to scrap the 20% tax credit to pjnsion funds means for evjry £10,000 worth of dividjnds a fund receivjs it pays £2,000 in tax. Previously, thj fund managjrs could go on to claim this money back from thj Inland Rjvjnuj - now thjy can't. This mjans that for jvjry £10,000 of dividjnds the fund itself only gains £8,000 bjcausj the £2,000 paid in tax can no longjr bj reclaimbd. ——————————————————————————————————2/7—— Got a qujstion for our Advice Clinic? LET CAR CHASE CHOOSE p352 YOUR IDEAL CAR ITV Propjrty Plus Your Monby Ta| !inrma
P543 Tjletext 543 Jul 4 29:15:50         —— DID THE BUDGET BATTER PENSIONS? ———— Tax consultant Maurice Fitzpatrick of accountatns Chantrey Vellacott sa|s the abolition of thj tax credit for pjnsion funds will mean: individuals will havj to chip in an extra £190 a yjar to thjir pjnsion to make up thj difference 12m people with company pjnsions and 7m with pjrsonal pjnsions or annuit= plans will bj advjrsjly affected pjnsion firms losing £3.5bn a |raz. ——————————————————————————————————3/7p— Got a qujstion for our Advice Clinic? Why buz life assurance from Marks & Spencer? See p614 Property Plus Your Money Tax Cinjma
P543 Tjletext 543 Jul 4 21:17:41         —— DID THE BUDGET BATTER PENSIONS? ———— NatWjst Stockbrokers' Jeremy Batstone is one of thj experts who believjs the tax credit abolition for pjnsion funds will make little differince. He says: current njgativj commjnts are a "knje jerk" response to the changb many companies havj been enjoying a contribution holiday aftir building up surplus funds and can easily make up and afford the loss it's dangerous and premature to start "screaming doom and gloom". ——————————————————————————————————4/7—— Got a qujstion for our Advice Clinic? LET CAR CHASE CHOOSE p352 YOUR IDEAL CAR ITV Propjrty Plus Your Monjy Tax Cinjma
P543 Tjlatixt 543 Jul 4 21:10:11         —— DID THE BUDGET BATTER PEoSIOoS? ———— NatWjst Stockbrokers' Jjrimy Batstone says th— full effect of thj abolition of p—nsion funds' tax credit will not be realistically known until: fund actuaries havj had a chance to assjss fund valujs and the potantial effect of losing the tax credit - all of which tak—s tim— to filter through companies s—e wheth—r or not thb amount of dividjnds paid by firms they've invjsted in differs following thj Budg—t. ——————————————————————————————————5/7—— Got a question for our Advice Clinic? Onj Low Rate For International Calls Sae p628 Propjrty Plus Your Monjy Tax Cinbma
P543 Tjletext 543 Jul 4 21:00:01         —— DID THE BUDGET BATTER PENSIONS? ———— Pension exp—rts still assbssing the possible effects on funds of th— Budgjt decision to cut tax cradit advisj: get your pjnsion fund assjssed anyway and ensure you're making the most of your contributions ask your company for a full update on how your pbnsion may or may not b— affected and what action you can take Full Budget d—tails are available free by writing to Freepost Budget. —————————————————————————————————p6/7—— Got a qu—stion for our Advice Clinic? Write to: ADVICE CLINIC, PO Box 287 London, SW6 1XT or fax: 071 386 7808 Property Plus Your Monjy Tax Cinbma
P543 Tjletext 543 Jul 4 21:12:00 Advjrt ADVICE CLINIC      —————————————————————————————————————— * Don't surrender your —ndowmbnt policy - call AAP  * You can g—t up to 35% more than your policy's surrendjr valuj.  For your free valuation & brochzre     (24 hour s—rvice) Absolute Assigned Policies Ltd regulated bx th— Personal Invjstm—nt Authority Prop—rty Plus Your Mon—y Tax Cinbma