PBR: IFA reaction - "Clients hit by bank bonus levy"

Carl Lamb, managing director of IFA Almary Green "The Chancellor’s decision to impose a one-off levy of 50% on any bank bonuses above £25,000 begs the question: 'Who will pay for this?" Ultimately, I fear the customer will have to pay. "High earners may need to look at viable alternatives due to the change in pension tax relief. Should these people consider venture capital trusts, which give 30% tax relief? People need to be thinking outside of the traditional box. "It is always the private sector that bears the brunt - there is not enough focus on the public sector. The gap betwee...