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HMRC confirms major new pensions tax under Andy Burnham

Pensioners are set to lose as much as 40% of their pension from 2027 due to a huge tax change confirmed by HMRC and HM Treasury.
Pensioners could soon be giving a huge 40% of their pensions away to HMRC following a change to pensions and Inheritance tax which will be introduced from 2027, overseen by new Prime Minister Andy Burnham.
The Government has now published details of ... [3441 chars]
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