2min chapter

IFS Zooms In: The Economy cover image

The Spring Budget Explained

IFS Zooms In: The Economy

CHAPTER

Corporation Tax - What's the Tax Strategy?

Tax-free lump sum is a quarter of a million. It's a quarter of the million pounds that you can have in your pension pot. The chances of this making a measurable difference to the number of people in work are extremely low. If you put more money into your pension, you may feel you can retire a bit earlier. I think my real worry about this, and we'll come on to a similar worry about corporation tax in a minute,. isn't we got no idea what the tax strategy is here? He's just reversed 10 years of conservative party changes. And he seems to have been blown by the wind when, frankly, some rather highly paid hospital consultants have pushed him to

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