Liberal Democrats have accused the Chancellor, Gordon Brown, of "grossly misleading" high earners wh...
Liberal Democrats have accused the Chancellor, Gordon Brown, of "grossly misleading" high earners when he suggested only a minority of people will be caught by the 60% tax to be imposed on pensions worth more than the new £1.4m level, according to the FT. Lord Oakeshott, the LibDems pensions spokesman, say the plan to alter tax under the new pensions proposals would in fact hit most of the 90,000 people who earn over £200,000 a year. Similar information suggests members of final salary schemes retiring on a salary of £100,000 - £200,000 will also be affected. So moving the Bu...
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