Скачать или смотреть Rachel Reeves' Stealth Tax on Pensions: Could It Cost You Twice?

Rachel Reeves pension tax, stealth tax on savings, public sector pensions, National Insurance changes, Budget 2024 implications.
Discover how Chancellor Rachel Reeves' proposed limit on pension contribution tax breaks could lead to unexpected costs for taxpayers, especially in public sector pensions. Experts warn that reducing salary sacrifice schemes might increase government payouts to top up pensions, hitting savers and taxpayers twice. We'll break down the £2,000 annual cap, its impact on employers and employees, and potential unfairness between public and private sectors. Learn why policymakers need to tread carefully to avoid unintended consequences for retirement savings and the treasury.
In this video, we cover key points from the article, including warnings from pension experts like Tom Selby and Becky O'Connor, and discuss the broader effects on your retirement pot.