New regs offer protection to RMPP members

Posted by on 20 March, 2012
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This item was filled under Tax

The Postal Services Act 2011 (Taxation) Regulations 2012 are intended to remove unintended tax consequences of the transfer of assets and liabilities by the Royal Mail of the Royal Mail Pension Plan (RMPP) to the government.

The new regulations will protect the tax privileges of members of the RMPP when their pension rights are transferred to a new government pension scheme.

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