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Pension Tax Changes Spark Outcry | Leeds News

Starting April 27, UK pensions face a major tax shift: unused pension funds will now count toward inheritance tax, potentially pushing 10,500 more estates into the 40% tax bracket. Families could face an average £34,000 extra bill — sparking backlash from those arguing it unfairly hits singles and unmarried couples, who lack the tax-free allowances married couples enjoy. Critics warn this change targets average savers, not just the wealthy, as frozen thresholds trap more people in the tax net. A petition is still open for signatures — your voice could help shape the future of pension…

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