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Taking 65 pension while still working

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RobertT
EX ROYAL MAIL
Posts: 6647
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Taking 65 pension while still working

Post by RobertT »

Most of the talk regarding tax relief has been about a reduction in higher rate relief down from 40%, as that equates to about 60% of the total tax relief bill. There is also the potential for a flat rate for everyone of around 25-30%, which would benefit the lower paid.

If anything is going to be scrapped completely then I think that could be salary sacrifice. It's already been diluted with the reduction in NIC's down from 12% to 10% and now 8%, and could be seen as an easy target.
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