Boris Johnson will create pension tax relief 'losers' with mooted income tax reforms
£80,000 threshold
Income tax 'winners' will also be pension tax relief 'losers'
Boris Johnson's mooted income tax reforms would create a double-edged sword whereby income tax winners would become pension tax relief losers, according to research by Aegon.
Prior to his appointment as prime minister, Johnson proposed increasing the higher-rate tax threshold from £50,000 to £80,000, meaning those earning within this wage would be ‘winners' by not paying as...
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