LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

Firm warns changes to pensions tax could cause challenges for workers, employers and the public sector

Jasmine Urquhart
clock • 2 min read
LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

The chancellor should avoid a raid on pensions tax relief so as not to cause challenges for workers, employers and the public sector, LCP warns.

In a report by the consultancy, it said possible types of change that could be announced in the Autumn Budget – such as cuts to higher rate relief or removing tax free cash and changing salary sacr...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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