
With effect from 6th April 2008, basic rate income tax will reduce from 22% to 20%, and the starting rate income tax band of 10% will be abolished. It is the change of tax rate from 22% to 20% which will affect the amount you deduct from your employees and pay across to the Group Personal Pension provider. Employers need to ensure they have a communication plan in place to communicate these changes to employees to avoid problems later!
Due to changes in the way that the NHS is funding dentistry it is becoming increasingly difficult to find a dentist in the that will accept new NHS patients. Only one third of dental practices are taking on new NHS patients (Which? Dental survey 2007). Increasing privatisation of dentistry has led to a demand for dental plans to fund more expensive treatment.