Tax Day: Pensions tax relief escapes reform as government focuses on superfunds

James Phillips
clock • 2 min read
Tax Day: Pensions tax relief escapes reform as government focuses on superfunds

The government’s much-awaited ‘Tax Day’ was met with little fanfare as predictions of cuts to higher-rate tax relief again failed to materialise.

While reports had emerged on Saturday that a move to a flat rate of relief was being mooted to fill holes in the government's coffers due to the pandemic, the Treasury again ignored the area. Tax relief...

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