MONEY POLL: Should pensions be taxed the same as other income?
GB NEWS
Recent changes to tax rules mean HM Revenue and Customs (HMRC) could be coming for your pension
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Britons are becoming increasingly concerned about their pension savings becoming liable for more tax ahead of Chancellor Rachel Reeves's Autumn Budget on November 26, 2025.
From April 2027, pension pots will be considered to be part of someone's estate for inheritance tax (IHT) purposes with some analysts being concerned the Chancellor could reduce the 25 per cent tax-free withdrawal limit.
The Treasury is looking for ways to generate tax, while not spooking the bond markets, with some economists believing a further raid on pensions could be on the cards.
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