Treasury looks to 'raise tapered threshold to £150,000'

Kim Kaveh
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The NHS pensions tax crisis was the driving force behind the government's pledge to amend pensions tax rules
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The NHS pensions tax crisis was the driving force behind the government's pledge to amend pensions tax rules

HM Treasury intends to give tax relief worth hundreds of millions of pounds to those earning over £110,000, it is being reported.

Treasury discussions this week are understood to have included a proposal to raise the "cliff edge" threshold from £110,000 to £150,000, at which pension contributions are counted, as earnings and ...

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