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More people piling money into pensions fearing tax-relief raid - should you do it?

Summary by iNews
There has been an increase in people making contributions into their pensions ahead of possible changes to tax relief in the Autumn Budget, financial advisers have told The i Paper.Savers get tax relief when they pay into a pension. There is tax relief of 20 per cent for basic rate-payers – those earning under £50,270 – with higher and additional rate taxpayers able to get more back.But speculation is intensifying that higher and additional rate…

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iNews broke the news in London, United Kingdom on Thursday, July 24, 2025.
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