It all started with the Begum case. Two tier citizenship. (View Post)

The distortion is the pension system. Reducing its use, reduces the distortion. As yet, no-one has come up with a single good answer why we are foregoing this tax, for those who have already got savi… (View Post)

The tax relief paid out now. It is not fully paid back later because 25% is offered tax free, and £38k each year is taxed at 20% instead of 40%. Some is also passed tax free to inheritors if in SIPPS… (View Post)

If you defer tax for 30 years whilst it is invested in shares you are saving a fortune. If higher rate taxpayers don't understand that, that will be on them. It is like interest free borrowing which … (View Post)

I can see the benefit to society in encouraging people to save say 500k to pay for retirement so the taxpayer doesnt have to for everyone. What on earth is the benefit to society in encouraging peopl… (View Post)