Tax Relief Impact on Public Sector

This is a news story, published by Telegraph, that relates primarily to Exchequer news.

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income tax relief

Telegraph

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Reeves ‘drops plans for pension tax raid’

Summary

Nutrition label

63% Informative

Senior officials told the Chancellor that cutting the 40 per cent tax relief on higher earners would have a disproportionate impact on public sector workers on modest incomes.

The current rules cost the Exchequer more than 50 billion a year through income tax relief, corporation tax relief and zero tax on the growth in pensions.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful