Kit_Katt wrote: »
I think if Mr Hammond tinkers with the current tax relief regulations. He will be signing on at the job centre not long afterwards!
MK62 wrote: »
It may or may not be Hammond, but I think it's just a question of when now rather than if.
Personally I suspect salary sacrifice will go.....and I don't think there will be any new flat rate either - I think higher rate relief will simply be abolished.
michaels wrote: »
Sal sac is just another name for employer contributions which also applies to most db, not easy to level that playing field.
Filo25 wrote: »
I think that would be a tough sell given how many people already aren't making nearly enough provision for retirement.
Would be disastrous for me personally as I'm currently benefitting 60%+ relief due to the nonsensical tapering of the personal allowance, and I'm at the period now of trying to make up for my inadequate pension provision by throwing money at it for the forseeable future.
Honestly though I don't see anything too contentious going through with the parliamentary arithmetic at present (luckily for me anyway!)
zagfles wrote: »
I can't see it being too hard. I doubt the DUP would be bothered - median wage in NI is £26k, way below the higher rate threshold. I doubt any Tory MPs would vote against the budget, as that's basically a vote of no-confidence in the govt.
Or if they proposed it in a stand-alone bill, they could dare Labour to vote against a bill which would be a massive transfer of wealth from higher earners to lower earners.
badmemory wrote: »
I doubt they will do it this year. They will wait to do anything unpopular until next year when they can blame Brexit for everything. It will be their excuse to do many unpopular things, one of which will be removing the triple lock from state pensions, after all it will no longer matter that we have one of the worst state pensions in EU because we are no longer in.
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