Minister Unveils Plan to Fund Pensions Policy Through Tax Avoidance Crackdown

Tuesday, 28 May 2024, 09:47

Minister Mel Stride announced that the Conservative party intends to finance pensions through a crackdown on tax avoidance, leading to potential increases in income tax for pensioners under a Labour administration. Critics view the plan as a reversal of previous Tory policy decisions.
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Minister Unveils Plan to Fund Pensions Policy Through Tax Avoidance Crackdown

Tories' Pensions Policy and Tax Avoidance

Minister Mel Stride revealed the strategy to fund pensions through curbing tax avoidance.

Impact on Pensioners

Pensioners may face higher income tax payments if Labour comes to power.

Critics argue that the plan is a U-turn from previous Tory policies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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