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flag UK considers pension tax changes that could increase workers' annual taxes by up to £560.

flag The UK government is considering changes to pension tax relief that could make workers pay up to £560 more in taxes annually. flag Currently, workers can avoid tax by putting part of their salary into private pensions. flag Proposed changes include removing tax and National Insurance exemptions on these contributions, affecting workers' take-home pay. flag Meanwhile, state pensioners earning over £597 annually in addition to their pension may face new tax liabilities due to increases in the state pension amount.

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