Will there be further change in the taxation of DB surplus payments in the Budget?

Louise Pettit and Richard Knight ask if changes will allow for one-off payments to members

clock • 3 min read
Burges Salmon's Louise Pettit and Richard Knight: Will Budget 25 allow for one-off payments to scheme members?
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Burges Salmon's Louise Pettit and Richard Knight: Will Budget 25 allow for one-off payments to scheme members?

Weeks of increasing speculation are almost at an end, with the Chancellor due to take to her feet in the House of Commons tomorrow (26 November) and set out the government’s budget plans for the forthcoming year.

Much of the discussion over recent weeks has focused on potential changes to the amount of tax-free cash members can withdraw (though this has reportedly been ruled out by the Treasury) and, more r...

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