Scottish Bus row may lead to change in law

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SCOTLAND - A dispute between Scottish Bus Group pensioners and the Treasury over the double taxation of pension fund surplus could lead to a change in the law, unions claim.

In 2000 the pensioners won a 10-year battle to have their £300m pension fund surplus paid out to them. The Revenue then took nearly half of the surplus as tax – even though it had taxed the paym...

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