OT. Ten percent.
In message , Andy Champ
writes
On 21/03/2013 14:53, Man at B&Q wrote:
It was a tax on dividends which themselves were only a few % of the
fund.
Maybe I was lucky, I had good advice from the company pension scheme
trustees about what it really meant, and acted accordingly.
ISTR it amounted to about 5 billion a year. And it's probably no
coincidence that company pension schemes all seemed to evaporate
shortly afterwards.
Andy
And he switched about £2.5bn per annum of income from the state pension
fund to the Treasury under the guise of Green Taxes..
--
bert
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