{"id":10094,"date":"2015-11-07T14:00:09","date_gmt":"2015-11-07T07:00:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/public-sector-professionals-under-threat-from-pension-tax-relief-changes\/"},"modified":"2016-04-06T19:50:14","modified_gmt":"2016-04-06T12:50:14","slug":"public-sector-professionals-under-threat-from-pension-tax-relief-changes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/public-sector-professionals-under-threat-from-pension-tax-relief-changes\/","title":{"rendered":"Public sector professionals under threat from pension tax relief changes"},"content":{"rendered":"<p>&#013;<br \/>\nThe chancellor\u2019s autumn statement could lead to the slashing of pension tax relief, while in April new rules will hit higher earners such as dentists and doctorsPublic sector professionals such as doctors, senior civil servants and university professors in line for pensions worth more than \u00a343,000 a year face a steep increase in tax bills in 2016, with financial advisers encouraging high earners to protect themselves now.In the March 2015 budget, George Osborne cut the maximum anyone can\u00a0save into a pension over their working life and still obtain tax relief from \u00a31.25m to \u00a31m, taking effect in\u00a0April 2016. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2015\/nov\/07\/public-sector-professionals-pension-tax-relief-changes\" target=\"_blank\">Public sector professionals under threat from pension tax relief changes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The chancellor\u2019s autumn statement could lead to the slashing of pension tax relief, while in&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10094","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2CO","jetpack-related-posts":[{"id":87173,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-is-it-right-to-charge-45-55-tax-on-incomes-above-26000-patrick-collinson\/","url_meta":{"origin":10094,"position":0},"title":"Pensions: is it right to charge 45-55% tax on incomes above \u00a326,000? | Patrick Collinson","date":"May 5, 2018","format":false,"excerpt":"\r High earners get 40% relief, lower earners 20%, so the poor get much less tax relief than the well-offThis is going to be a difficult column to write. I\u2019m about to make a plea for tax changes on behalf of people with \u00a31m-plus pensions. Why? Because our tax system\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-tax-relief-cut-its-not-just-the-ultra-rich-that-will-be-hit\/","url_meta":{"origin":10094,"position":1},"title":"Pension tax relief cut: &#039;It&#039;s not just the ultra-rich that will be hit&#039;","date":"December 5, 2012","format":false,"excerpt":"\r Mark Dampier of Hargreaves Lansdown says the impact of the \u00a310,000 cut in the annual tax-free limit will hit many saversMark Dampier admits he's lucky to be able to afford to put \u00a350,000 a year into his pension, but is furious at the \u00a34,500 tax charge he faces paying\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-system-favours-the-richest-letters\/","url_meta":{"origin":10094,"position":2},"title":"Pensions system favours the richest | Letters","date":"March 9, 2016","format":false,"excerpt":"\r Polly Toynbee\u2019s theory (Opinion, 8 March) that the chancellor caved in on reform of pension tax relief to a selfish pension industry suffers from one small problem \u2013 it isn\u2019t borne out by the facts. It is certainly true that the \u201cpension Isa\u201d option initially favoured by the chancellor\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5322,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/20-million-mainly-low-earners-to-lose-out-under-pension-reform\/","url_meta":{"origin":10094,"position":3},"title":"20 million \u2013 mainly low-earners \u2013 to lose out under pension reform","date":"February 21, 2016","format":false,"excerpt":"\r Experts say low-earners will bear the cost of reform that promised to be fairer and simpler \u2013 and its impact will be greater than that of tax credits, which forced U-turn Twenty million people will lose out from the introduction of a new flat-rate state pension with the burden\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/george-osborne-backs-down-on-radical-pension-reform\/","url_meta":{"origin":10094,"position":4},"title":"George Osborne backs down on radical pension reform","date":"March 5, 2016","format":false,"excerpt":"\r Less than a fortnight before the budget chancellor fears backlash from affluent votersGeorge Osborne has been forced to abandon a package of pension reforms, including reducing tax relief for higher earners, amid growing concern that their introduction could have prompted a backlash from affluent voters. Related: \u00a34bn raid on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75645,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-middle-class-who-got-rich-on-peps-and-isas-letters\/","url_meta":{"origin":10094,"position":5},"title":"The middle class who got rich on Peps and Isas | Letters","date":"January 3, 2018","format":false,"excerpt":"\r Anyone who has taken up the Pep and then the Isa every year from 1988 will have accumulated a completely tax-free investment portfolio of \u00a3508,000, writes Tom BrownYour year-end editorial exploring the iniquities of a society increasingly characterised by a growing new class of rentiers is timely (Redistribute the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10094"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10094"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10094\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}