![Surprise tax break for rich could be gift to opposition](https://cdn.magzter.com/1591272633/1678956614/articles/RQnbw7El11678961420419/SURPRISE-TAX-BREAK-FOR-RICH-COULD-BE-GIFT-TO-OPPOSITION.jpg)
The increase in defence spending was announced a few days ago, and the Treasury has been issuing a stream of news releases setting out most of the measures, in an attempt to win favourable headlines over several days.
Yesterday, the leak of the childcare plans meant that Jeremy Hunt was deprived of his final flourish in the chamber. That meant that almost the only surprise, apart from some terrible jokes about warm ale and frozen duty, was the decision to lift the lifetime limit on pension fund contributions.
Usually, Budgets are preceded by speculation about the abolition of higher-rate tax relief for pension contributions, one of the options for clobbering the rich that seems quite straightforward but is always stiffly resisted. This Budget, on the other hand, was preceded by informed speculation of the opposite kind: that the lifetime limit on pension contribution relief would be lifted from the current level of £1m.
Diese Geschichte stammt aus der March 16, 2023-Ausgabe von The Independent.
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Diese Geschichte stammt aus der March 16, 2023-Ausgabe von The Independent.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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Smarter Billam-Smith won ugly to stay on top of world
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Goal for Danes a full-circle moment for heroic Eriksen
You have to wonder what sort of thoughts were swirling around Christian Eriksen’s head, as the Denmark talisman waited for the first whistle to sound. It would be understandable if some of them were dark, frightening, or even traumatic. For the last time he began a European Championship campaign, three summers ago, Eriksen died for five minutes.
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Weghorst is unlikely star of Netherlands' comeback win
It may be of scant consolation to Poland but the World Cup winners have suffered the same fate. A Netherlands manager, seeking a goal and a game-changing substitute, summoned Wout Weghorst.
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England squeeze win with nervous campaign opener
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Eleven homes are bulldozed in India after beef was found
Indian authorities have bulldozed the homes of 11 people in the central state of Madhya Pradesh after police found beef in their refrigerators and cows in their backyards.
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Zelensky promises peace talks 'tomorrow' if Russia leaves Ukraine territory
Remarks came at the end of a peace summit in Switzerland
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Thrillseekers stuck at 236ft on UK's tallest rollercoaster
Thrillseekers were left dangling for an hour at 236ft after Britain's tallest rollercoaster broke down again, just weeks after being unveiled.
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Ramsay 'lucky to be here' after cycling accident in US
Gordon Ramsay says he is “lucky to be here” after a “really bad” cycling accident in the US. The celebrity chef was clearly shaken by the incident in Connecticut, which left him with a purple bruise that appeared to cover a significant portion of his chest.
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Officer who ran over calf is taken off frontline duties
A Surrey Police officer has been taken off frontline duties after striking a runaway cow twice with his vehicle - a moment caught on video that caused widespread shock as it went viral on social media. In the video, the young cow, Beau Lucy, is seen loose in the street in Staines before being rammed twice by the police vehicle.
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Policy of moving governors around the troubled estate is compared to rearranging the deckchairs on the Titanic