Reposted by Laurence O'Brien
"This reform reduces one arbitrary distinction in the tax system while increasing another. A simpler system of pensions taxation is possible."
📰 Read @matthewoulton.bsky.social & @laurenceobrien.bsky.social's article in FT Adviser on the latest pension tax reform: www.ftadviser.com/content/387f...
ftadviser.com
Pensions tax reform is a step in the wrong direction
In last November’s Budget the chancellor announced a significant change to the taxation of pensions.