After weeks of pre-Budget rumours, a cut to the annual allowance has emerged as the "strong favourite" to be announced by the Chancellor.
The Liberal Democrats have been calling publicly for cuts to higher-rate tax relief to fund a hike in the income tax threshold to £10,000. There are three options on the table: a cut in the higher...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
