To help him avoid any repeats of the 'Hammond egg on his face' headlines after the next Budget, Adrian Boulding suggests five pension tax-raising wheezes for the Chancellor to consider
After the furore that was perhaps best summed up by Metro's front-page headline on 16 March of "Hammond egg on his face", following the Chancellor's U-turn on National Insurance Contributions (NICs) he planned to levy on self-employed workers - in breach of a Conservative Party manifesto pledge - it seemed kind to come up with a few alternative pensions tax-raising options for his team to chew over in advance of the next Budget. 1. Scrap PTRAS for non-taxpayers I decided to look at remaining pensions tax relief loopholes and there are still a few. Take for example pensions tax relief a...
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