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Old 10-14-2010, 10:42 PM
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Post Pension tax relief slashed as Government looks to save more money

It has been announced that the Government is to reduce the annual amount of pension tax-free income in order to save 4 billion a year, to reduce the spiralling budget deficit. The tax-free amount is being slashed from 255,000 a year to 50,000 from April 2011. High earners will continue to be paid tax relief [...]

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