Posts in tag
Inheritance tax
Sunak eyes up pensions tax hike and breaking ‘triple lock’ to plug finance gap
Rishi Sunak is reportedly eyeing up tax hikes on pensions to help plug the gaping hole in public finances left by the coronavirus. As the already huge national debt ballooned beyond £2trillion, pension tax relief, which allows workers to pay less on earnings set aside for their retirement, may be slashed. The so-called triple lock …