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'Granny tax II' mooted

'Granny tax II' mooted
The Treasury could reignite the 'granny tax' row with proposals to tax the state pension at source. The pension, currently £107.45 a week, is paid without immediate tax deduction; the change - being considered by Treasury advisers for report later this year - would subject it to an immediate 20% tax rate, cutting the payment to £85.96 for most pensioners.

Green Box: 'Granny tax II' mootedClick to open

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