'Salami slicing' pensions tax relief could cost govt billions

Stephanie Baxter
clock • 3 min read

Tax relief reductions have lowered the allure of pensions relative to other savings products, potentially costing the government billions of pounds in lost tax revenue over the long term.

A research paper published by the Office for Budget Responsibility noted while the government has cracked down on tax relief in pensions, it has generally done the opposite with non-pensions saving...

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