Flat rate of tax relief could save government £13bn

James Phillips
clock • 2 min read

Introducing a flat rate of tax relief at 20% could save the Treasury up to £13bn, according to calculations by the Pensions Policy Institute (PPI).

In a briefing analysing the various pension pledges made in the run-up to this Thursday's general election, the institute also estimated a 30% flat rate would have no impact, while a 40% rate would...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Government launches consultation on Judicial Pension Scheme

Government launches consultation on Judicial Pension Scheme

MoJ seeks views on draft regulations to support functioning of the scheme

Martin Richmond
clock 30 September 2025 • 1 min read
Unite calls on government to use PPF reserves to inflation-proof pre-97 pensions

Unite calls on government to use PPF reserves to inflation-proof pre-97 pensions

Trade union says move would benefit as many as 400,000 pensioners

Jonathan Stapleton
clock 30 September 2025 • 1 min read
Pensions professionals inadvertently caught up in HMRC push for tax adviser registration

Pensions professionals inadvertently caught up in HMRC push for tax adviser registration

Pensions professionals inadvertently caught up in HMRC push for tax adviser registration

Jonathan Stapleton
clock 29 September 2025 • 3 min read
Trustpilot