This is a news story, published by Guardian, that relates primarily to the Fabian Society news.
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tax reliefGuardian
•71% Informative
Report by the Fabian Society says tax breaks for pensions have become markedly more expensive for the government.
The report says that tax relief on pension contributions was worth 66bn in 2022-23 , an increase of 55% since 2016-17 .
Upper- and top-rate taxpayers account for 19% of those paying tax, they received an estimated 53% of the tax relief.
Little more than a third of tax relief ( 35% ) went to women.
VR Score
81
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56
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