Single rate pensions tax relief could boost Treasury by £2bn

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A flat rate of 33% pensions tax relief could save the Treasury between £1.7bn and £2.2bn a year, according to the Pensions Policy Institute (PPI).

This included savings made on national insurance contributions (NIC) through the end of salary sacrifice, without which there would actually be a loss to the Exchequer. Pensions minister Steve W...

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