Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Chat

Join the discussion and chat with other Mumsnetters about everyday life, relationships and parenting.

Potential changes to pension tax relief

2 replies

Nw22 · 25/09/2024 20:45

Hello
Does anyone know how removing higher rate tax relief would impact defined benefit pensions? I keep reading a lot about it maybe being announced but not explaining how it would work.
thanks

OP posts:
Nw22 · 26/09/2024 07:32

Bump

OP posts:
Mia85 · 26/09/2024 09:16

It's all speculation at the moment so I think the honest answer is that no-one knows. It would also depend (for many people, though not all) on what they did with salary sacrifice. But ultimately if the relief is cut then it will either cost more to keep current benefits or benefits will have to reduce to keep the cost the same.

New posts on this thread. Refresh page
Swipe left for the next trending thread