UK. Govt mulls flat-rate pension tax relief
The Treasury is considering whether to introduce a flat rate of pension tax relief to help fund the National Health Service.
According to The Times, the Treasury has started to investigate the flat-rate proposal and says it could raise an additional £4bn in revenues.
In June, the government promised to increase spending on the NHS by £20bn a year and a flat rate could help chancellor Philip Hammond raise money without breaching fiscal rules.
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