MPs may be forced to debate a controversial plan to halt age-related tax allowances, in a move dubbed a ‘granny tax', after an online petition opposing it garnered almost 100,000 signatures.
In last year's Budget, the government announced that the amount of income that is not taxed will be frozen for those aged over 65 while, from April 2013, those hitting 65 will no longer receive a l...
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
