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Inheritance Tax and pension tax rules changes could 'impact higher earners' | Personal Finance | Finance


According to Ms Wilson, pension tax relief is an obvious target .
She s suggested the possibility of higher-rate relief on pension contributions may be scrapped in favour of a more equitable spread among lower earners .
“This has been rumoured for a few years and could net over £10billion in extra tax, Ms Wilson explained.
But as it would increase the tax bills of people earning over £50,000 it would mark a move away from the government’s election promises and that may be a step too far for the Prime Minister.
“Another rumoured move is to reduce the 25 percent tax-free amount that can be withdrawn when you access your pension pot, which you can currently do from aged 55 onwards. ....

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Anti-Eviction Activists Urge 'Rent Strike' in New York During COVID-19 Pandemic


20 Dec 2020
An anti-eviction activist group is promoting a “rent strike” in New York state during the COVID-19 pandemic. The group claims the strikers will “cancel rent” in the state because they “cannot pay,” or are “in solidarity with those who cannot pay.”
The group, Truthout.org, reports there are 57 properties in New York City where tenants are staging a “rent strike.” They claim similar operations are underway in Alexandria, Virginia; Chicago; Gainesville, Florida; Los Angeles; Milwaukee, Wisconsin; Philadelphia and San Francisco.
“While rent strikes are a tried-and-true tactic of the diverse housing justice movement, they are just one tool in a hefty arsenal,” the article states. “Community organizing strategies include occupations of vacant but habitable homes, outdoor encampments, advocacy of legislative relief (including a universal guarantee of homes for all), eviction disruptions, mutual aid, efforts to provide free legal counsel ....

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