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  • Just let them have a similar tax allowance as workers and tax the rest as income

    Tbf they are slashing the capital gains and dividends allowances, so that will relieve some wealthier savers of some of those income

  • Just let them have a similar tax allowance as workers and tax the rest as income

    Once you reach state pension age, you stop paying NI (or it could be when you start receiving it), but pension income is taxable (including the state pension). You get tax relief on private pension contributions, so you are liable for income tax on the payments.

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