TREASURY officials are reportedly drawing up plans for a pensions tax raid this autumn in order to pay for extra public spending during the pandemic. Whitehall sources say three different reforms to the way pension contributions are taxed are being considered. 🔵 Read our coronavirus live blog for the latest updates Whitehall sources say three different reforms to the way pension contributions are taxed are being consideredCredit: Alamy One idea being looked at is to reduce the pensions lifetime allowance from around £1,073,000 to £800,000 or £900,000 - lowering the point above which extra tax charges kick in, The Telegraph reports.

https://www.thesun.co.uk/news/15340287/pensions-tax-raid-autumn-pandemic/

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