Liberal Democrats in Business

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Oakeshott Condemns Special Tax Treatment For Judges

10.33.00am GMT Mon 19th Dec 2005

Liberal Democrat Pensions Spokesman in the Lords, Matthew Oakeshott has condemned the Written Statement slipped out today by the Lord Chancellor giving judges special treatment to exempt them from Gordon Brown's new £1.5 million cap on pension pots.

Matthew Oakeshott said:

"The Government dropped its proposed Judicial Pensions Bill but is now trying to smuggle special treatment for judges' pension pots in through the back door.

"If the Chancellor's cap on pension tax relief really makes it so much harder to recruit judges that their salaries have to be increased, the Lord Chancellor must come clean and say so.

"There cannot be one tax regime for judges' pension rights and another for everyone else in the country."

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