Chancellor urged to reform pensions tax relief to raise £10bn

Fabian Society report says chancellor could raise £10bn by ‘cutting and reforming pensions tax relief’

Jasmine Urquhart
clock • 1 min read
Chancellor urged to reform pensions tax relief to raise £10bn

The chancellor has been urged to reform pensions tax relief in order to raise £10bn, in a report from the Fabian Society.

The report urged chancellor Rachel Reeves to "raise significantly more" by "cutting and reforming" pensions tax relief, rather than current plans to means test the Winter Fuel Allowance. The ‘Ex...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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