Those paying 40% tax will still get a decent incentive to invest in a pension, where else can you get a 30% return even if you then instruct the pension provider to stick it in bonds rather than stock market.
Far more important to get those earning £30k to save for pension even if at the expense of those earning £80k.
It would be popular and might actually raise tax.Those paying 40% tax will still get a decent incentive to invest in a pension, where else can you get a 30% return even if you then instruct the pension provider to stick it in bonds rather than stock
According to the lefties on here people on 30k a year are using foodbanks so can't afford to save into a pension. Middle class all being dragged into higher rate tax so not rich people being affected. Another bollocks of an idea but not surprising where Labour are concerned with regards pensions. The Brown bloodbath of pensions should not be forgotten and how it turned schemes that were well in surplus to being in deficits that are still being felt today.
According to the lefties on here people on 30k a year are using foodbanks so can't afford to save into a pension. Middle class all being dragged into higher rate tax so not rich people being affected. Another bollocks of an idea but not surprising wh