Labour scrapping higher rate pensions tax relief is 'politically unlikely'

Despite being ‘potentially lucrative’

Isabel Baxter
clock • 4 min read
Labour scrapping higher rate pensions tax relief is 'politically unlikely'

The Labour government scrapping higher rate pensions tax relief is highly unlikely politically, according to Lane Clark & Peacock (LCP).

In recent analysis, the firm examined the potential for changes to pension tax relief as part of the 30 October Budget.  An LCP paper pointed out that with the Labour manifesto pledge not to rai...

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Isabel Baxter
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Isabel Baxter

Senior Reporter at Professional Adviser

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