Minister sticking to her guns on tax anomalies

Duke of Marmalade

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Wow!! So she concedes that the 25% (per ESRI) of eligible AE contributors who will be paying 40% tax would only get half that relief under AE but points out that they mightn't have the employer top-up. What a bonanza for the pensions industry? "Employers did you know that as an alternative to registering for AE you could set up a conventional scheme and your (higher paid) employees would get twice the State incentive? Plus lots more flexibility."
 
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