Mandelson

[Tom Joad 25]

A fucking incentive to invest in your pension - to pay for your retirement, not as a convenient way to avoid inheritance tax. If you can't see that when it was set up an individuals assets were generally not likely to meet the IHT thresholds then you are only looking at one end of the situation. Assets climbing so much have encouraged those that can afford it to shovel money into areas that weren't impacted.

That's precisely the revisionism I'm getting at. You can't have it both ways - you can't stack up MY liability to fund £Trillions in unfunded public sector pensions whilst continually pulling the rug from me actually funding my own retirement.

All my spare money is going offshore now. My tax domicile will follow in a few years. How on Earth does that benefit the UK?

Once upon a time governments incentivised individuals to invest here. This lot have done precisely the opposite on Pensions, CGT, BPR / APR, Income Tax even on Dividend Tax and VAT Thresholds FFS.  If you can't see the problem they're creating then I can't help you. We can't all work for the NHS or the Civil Service you know.

You regularly remind us all you already currently have a comfortable life in a nice area and are heading for a cushy retirement, yet you'd prefer to uproot your family to somewhere else rather than pay some tax towards it?