Future trends in pensions tax relief

Document type
Report
Author(s)
Pike, Tim; Adams, John
Publisher
Pensions Policy Institute
Date of publication
6 July 2016
Subject(s)
Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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In the Budget of 8 July 2015, the Chancellor, George Osborne, announced a consultation into the use of tax relief to ‘strengthen the incentive to save’ for retirement. 

The Resolution Foundation commissioned the PPI to analyse the impact of a number of potential reforms to the tax relief system, ranging from adjustments to the current system, through to more fundamental changes in the way the pension tax relief works.

This report sets out the impact that the potential policy reforms might have on the projected cost to the Exchequer, the impact upon particular individuals and how the impact would be spread across the pension savings population.

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