October 2024
Pre-Budget pensions speculation
16 Oct 2024
As we approach the next Budget, the familiar pre-budget speculation has been more fevered than usual with most commentators concluding that Chancellor Rachel Reeves will do “something” with pension tax relief.
In our latest publication, we consider the potential changes, the economic pressures driving these discussions, and what they could mean for pension schemes, employers, and savers.
Key areas we cover include:
- Pension contribution tax relief
- National Insurance Contributions on pensions
- Inheritance tax and pensions
- Restricting tax-free cash
If you have any questions, or if you'd like to discuss potential implications in more detail, please get in touch.
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