Title says it all,
I am wondering if I would prefer a levy or reduced tax relief.
Anyone have any back of the envelope figures for what the likely annual levy would be?
If Govt, just lower tax relief, people will stop contributing, so I feel, they will go for levy. As the money is already in the pension fund, people can't avoid it then...
I am wondering if I would prefer a levy or reduced tax relief.
Anyone have any back of the envelope figures for what the likely annual levy would be?
If Govt, just lower tax relief, people will stop contributing, so I feel, they will go for levy. As the money is already in the pension fund, people can't avoid it then...