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Old 25th Nov 2012, 07:48
  #76 (permalink)  
Roland Pulfrew
 
Join Date: Aug 1998
Location: England
Posts: 1,930
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Question

Al R

This is probably a bit of a stupid question, but as "our" pension pots are as I understand it, theoretical, is this not a tax on something that exists only on paper? As I understand it I cannot ask the Treasury for my pension pot to take it invest elsewhere because it is actually funded from the tax revenue at the time it is paid. If it doesnt actually physically exist, how can you be taxed on it?
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