31 March 2021
How scrapping higher-rate pensions tax relief would hit middle Britain, including NHS workersGiven the black hole the coronavirus pandemic has blown in the Treasury’s finances, it is no surprise pension tax relief is now firmly in the Chancellor’s sights. Pension tax relief across defined benefit and defined contribution pension schemes costs the Exchequer about £40 billion a year. In this context, you can see why scrapping higher-rate...