Petition Do not reduce or remove tax relief from pension contirbutions

Mr Osborne is looking at reducing the tax relief on pension contributions. This will seriously effect people making pension contributions into PRIVATE pensions. Therefore meaning that people will have a much reduced pension when they retire.

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Automatic enrolment was to ensure that people were contributing into a private pension to provide a decent pension when they retire. It was also quoting the fact the government would also contribute the tax relief to your pension. Even if the reduction Mr Osborne only effects the Higher tax payers as the higher tax band has not been increased in line with wages this option will affect more & more people. Any one earning over £42385 pays 40% tax.

This petition is closed This petition ran for 6 months

98 signatures

Progress of the petition towards its next target: 98 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 25 July 2016
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