Chancellor contemplates cuts to higher rate pensions tax relief

Holly Roach
clock • 3 min read

Speculation is growing that chancellor Sajid Javid is seeking to raise revenue by cutting the tax relief on pension contributions for high earners from 40% to 20%.

The Financial Times reported that one idea being considered is cutting pension tax relief for those earning £50,000 or more per year to help prime minister Boris Johnson's spending plans and raise ...

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