Osborne’s latest pensions raid: Flat rate tax relief would be both irrational and unfair - City AM

Private pensions have always been a soft target for cash-hungry chancellors. Nigel Lawson made pension funds restrict the size of their surpluses under threat of losing their tax-exempt status. Gordon Brown abolished Advance Corporation Tax in the great pension raid of 1997. And George Osborne has done his bit by slashing the annual and lifetime allowances by 84 and 44 per cent respectively.

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Osborne’s latest pensions raid: Flat rate tax relief would be both irrational and unfair - City AM
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