Rachel Reeves to scrap pension tax raid
Budget: Rachel Reeves set to drop pensions tax raid plans, per report
Rachel Reeves is reportedly set to drop plans for a tax raid on pensions over fears it could unfairly affect public sector workers. The Chancellor has been warned that a scheme to reduce the 40 per cent tax relief on higher earners could disproportionately impact teachers and nurses,
Rachel Reeves set for major u-turn with 'mad' raid on British pensions called off
Ms Reeves was planning on performing a pensions tax raid in the Budget, but it appears fear of upsetting the public sector has poured cold water on the plans.
Chancellor Rachel Reeves ‘to ABANDON’ controversial pension tax raid in relief for hardworking teachers & nurses
LABOUR’s pension tax raid is set the ditched after warnings it would hammer up to a million teachers, nurses, and public sector workers. Chancellor Rachel Reeves had planned to
‘Hugely damaging’: AJ Bell warns Reeves against pension tax raid
AJ Bell has added to mounting calls for Rachel Reeves to refrain from a raid on UK pensioners today as it warned rumours of the government’s tax plans were “hugely damaging” and “making people fearful about long-term saving”.
Rachel Reeves to u-turn on 'mad' raid that was set to hit pensioners
Rachel Reeves had been planning to cut the 40 percent level of tax relief that savers receive on their pension contributions to those earning £50,000 a year
Labour tax plan blasted by Tory MP as 'unworkable' days before Rachel Reeves' Budget
Labour’s plan to introduce education tax has been slated by Tory MP Damien Hinds. From January 1, the government plan to impose VAT on private schools but the policy may be delayed due to warnings from unions, experts and school leaders.
All the changes Rachel Reeves could make to capital gains tax in the Budget
Rachel Reeves was expected to reduce the current 40 per cent level of tax relief on higher earners in the Budget, but has changed direction
Reeves ‘drops plans for pension tax raid’
Rachel Reeves has reportedly dropped plans for a pension tax raid, amid Treasury concerns that it would penalise up to a million public sector workers. Senior officials from the department told the Chancellor that cutting the 40 per cent tax relief on higher earners would have a disproportionate impact on public sector workers on modest incomes.
Rachel Reeves set to call off her planned pension tax raid
The Chancellor had planned to raise funds by reducing tax relief on those earning £50,000 or more per year, but officials said the move would hit workers who have just been handed a pay rise.
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The Chancellor is preparing to set the direction of the Government's economic policy as she announces her approach to the public finances
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Rachel Reeves to 'scrap' pension tax raid after warnings it will hit teachers, nurses and public sector workers
Labour is set to ditch it's controversial pension tax raid after warnings it would hammer up to a million teachers, nurses, ...
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