Treasury opens pensions tax relief admin consultation and admits past failings

Admits past failings

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John Glen: "We want to listen to all those who work with these systems on a regular basis to understand the options available."
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John Glen: "We want to listen to all those who work with these systems on a regular basis to understand the options available."

The government has admitted it has never provided a “straightforward and proportionate” solution to the challenges in the current pensions tax relief system in a call for evidence released this morning (21 July).

The expected consultation announced in this year's Budget comes after a report published by the Public Accounts Committee (PAC) called on the government to conclude whether the £38bn estimated cost...

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