any civilian earning over £150 , 000 will no longer enjoy higher - rate tax relief , this is considered a substantial incentive to spend for affluent individuals . from spring 2011 , anyone who collects £200 , 000 a year , for average , and pays the typical amount of 6 percent cent of their salary into their company pension trust will lose out on £200 a month or £2 , 400 a season . alistair darling , when he announcement the move in the budget , insisted that just 1 . 5 a cent of taxpayers - the least of about 450 , 000 euros - would be hit , but experts asserted that it would significantly hurt the already beleaguered pensions industry , and make fewer savers to think first about investment in a pension .
Alistair Darling is chancellor of UK.