The tax treatment of UK defined contribution pension schemes

摘要: The paper aims to clarify the tax status of pension schemes in UK and, by using economic and other arguments, establish a theoretical benchmark that could be considered ‘appropriate’ regime for saving. We consider existing regimes saving (such as ‘ISA’ regime) pure expenditure comprehensive income tax) we compare costs different impose on defined contribution schemes. We conclude an is appropriate saving, additional financial well administrative costs.