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The Treasury is quietly pocketing hundreds of millions a year in ‘unfair’ tax nabbed from savers paying into company pensions, it has been claimed. Fresh estimates suggest some 425,000 Britons are failing to claim tax back on pension contributions. In a cruel double-blow, the Treasury then rakes in millions more by taxing their incomes in retirement.
This is something that affects all of us and has been the subject of much debate in recent months, particularly in view of the Public Sector Pernsions debacle, check out the article from Mail online here:
http://www.dailymail.co.uk/news/article-2086600/Treasury-pockets-850m-forgotten-higher-rate-taxpayer-work-pension-refunds.html#ixzz1ji8v1jlE
