Sentences with phrase «restricting pension tax relief»

Last month the party confirmed reports that funding - also including the proceeds of restricting pension tax relief for high earners - was only in place for 2015/16.

We will fund this by a repeat of the tax on bank bonuses and by restricting pension tax relief for the very highest earners to the same rate as the average taxpayer.

The Chancellor claims his decision today to restrict pension tax relief will make the tax system fairer at the top.

Not exact matches

The party plans to make up the money by restricting tax relief on pension contributions to the basic rate, taxing capital gains at marginal income tax rates, allowing for indexation and retirement relief, tackling stamp duty land tax avoidance and corporation tax avoidance and by subjecting benefits in kind to national insurance contributions as well as income tax and applying national insurance to multiple jobs.

Whatever happened, for example, to the mansion tax on properties worth more than # 2m or restricting tax relief on pensions to the basic rate of income tax - both commitments included in the Liberal Democrat manifesto?

At the very least it must not be contemplated without revisiting the Liberal Democrats» other manifesto commitments for a mansions tax and restricting tax relief on pensions to the basic rate of income tax.

Recent CentreForum reports, «Tax and the coalition» (pdf) and «A relief for some» (pdf), proposed limiting tax relief on contributions to pensions to the standard 20p rate and restricting the lump sum which can be taken tax - free on retirement to # 42,475 (the rate at which higher rate tax starts) rather than the current # 450,0Tax and the coalition» (pdf) and «A relief for some» (pdf), proposed limiting tax relief on contributions to pensions to the standard 20p rate and restricting the lump sum which can be taken tax - free on retirement to # 42,475 (the rate at which higher rate tax starts) rather than the current # 450,0tax relief on contributions to pensions to the standard 20p rate and restricting the lump sum which can be taken tax - free on retirement to # 42,475 (the rate at which higher rate tax starts) rather than the current # 450,0tax - free on retirement to # 42,475 (the rate at which higher rate tax starts) rather than the current # 450,0tax starts) rather than the current # 450,000.