Stealth Tax Fear Over Pensions

Summary


MILLIONS of middle-income earners could be hit by a new "stealth tax" under state pension reform plans, it was claimed today.

The Tories say their calculations show people will continue paying tax for their pension but will get less for their money. People on more than Pounds 18,000 a year would see their State Second Pension, a key element of provision, almost halved.

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Extract


Stealth Tax Fear Over Pensions

Work and Pensions Secretary John Hutton w...

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