Pensions pressure Germany’s federal budget
3h
Germany’s Federal Audit Office warned planned pension reforms could push pension spending to nearly 46% of tax revenue, putting pressure on the federal budget.
by Prem Sikka
I have suggested 20% tax relief (or more) on pension contributions for everyone.
At the moment, 71% of the £83.9bn tax relief goes to 7.7m additional and higher rate income tax payers. 30.4m basic rate tax payers share the remaining 29%.
At the moment, 71% of the £83.9bn tax relief goes to 7.7m additional and higher rate income tax payers. 30.4m basic rate tax payers share the remaining 29%.
October 2, 2026 at 8:51 AM
I have suggested 20% tax relief (or more) on pension contributions for everyone.
At the moment, 71% of the £83.9bn tax relief goes to 7.7m additional and higher rate income tax payers. 30.4m basic rate tax payers share the remaining 29%.
At the moment, 71% of the £83.9bn tax relief goes to 7.7m additional and higher rate income tax payers. 30.4m basic rate tax payers share the remaining 29%.