Matt Hancock, the health secretary, is reportedly in discussions with chancellor Philip Hammond regarding the tax treatment of pensions for GPs and consultants.
higher rate taxpayer
With just a couple of days until chancellor Philip Hammond steps up and delivers the Autumn Budget, speculation is mounting over the contents of his red briefcase.
So below we round up predictions for the world of personal finance, looking at possible changes to pensions, investments and tax.
Once again rumours that pension tax relief could be in the firing line are doing the rounds, ahead of Philip Hammond delivering his Budget later this month.
A new report by property consultant Knight Frank finds that the annual 1 per cent Mansion Tax proposed on properties worth more than £2 million will not raise the sums targeted.
The government is considering axing higher-rate tax relief on pension contributions in next month’s Budget, to help pay for lifting people earning less than £10,000 out of tax.