Is Brown Plotting New Pension Raid? ; Budget Swoop Would Punish Higher-Rate Taxpayers [Edition 3]
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Summary
PENSIONS may be targeted in a multi-billion pound raid as the Government grapples with a deepening black hole in the public finances.
The Chancellor may scrap higher-rate income tax relief on pension contributions in next week's Budget, sources said last night.See the full content of this document
Extract
Is Brown Plotting New Pension Raid? ; Budget Swoop Would Punish Higher-Rate Taxpayers [Edition 3]
The move could raise between Pounds 5billion and Pounds 7billion a year for the Treasury, according to City estimates.
It could provoke a backlash similar to that trigger...See the full content of this document
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