Welfare

Pensions tax-free lump sum could be made “less generous” to help repair the nation’s finances


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Media Coverage

Julian Jessop quoted in The Telegraph

Media Coverage

Mark Littlewood writes for The Times

Tax and Fiscal Policy

Phillip Booth quoted in the Financial Times

The Financial Times has written up the Treasury Select Committee’s call for evidence this week, in which IEA Senior Academic Fellow Professor Philip Booth appeared.

The newspaper reports that Philip Booth, argued that the pensions tax-free lump sum could be made less generous to help repair the nation’s finances. Booth said: “I would severely limit the tax-free lump sum that it is possible to receive from pensions . . . which would allow a lot of pensions tax simplification”.

Read the article in full here.



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