Rachel Reeves’s Budget later this month could reshape the tax landscape for pension savers and retirees.

The Chancellor warned that “we will all have to contribute” as she searches for up to £30bn in extra revenue to plug a hole in the public finances .

Reeves said those with the “broadest shoulders” should pay more , signalling that pension tax reliefs and retirement income could come under renewed scrutiny. New Feature

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These are among the measures expected to feature in a Budget that could mark a turning point in how pensions and retirement income are taxed.

Capping salary sacrifice pension contributions

The most immediate change likely to appear in the Budget is a new limit on how much employees can divert into their pensions

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