Taxation

Despite the state pension rising by 3.1 per cent today, pension experts warn that the value of this benefit will decline in real terms with inflation currently rising at twice this rate....

The Department of Work & Pensions have revealed it is working to correct a series of state pension errors, the majority of which it has not publicy revealed before. The problems came...

Pension tax relief could be simplified as part of the Chancellor’s forthcoming  tax plan, announced it today’s Spring Statement.  Announcing the outline of this plan, Rishi Sunak said he wanted to make...

Chancellor Rishi Sunak confirmed his intention to relax the DC charge cap on pensions to help encourage more investment into illiquid assets, such as private equity and infrastructure. This  announcement was contained...

The Chancellor’s £3,000 increase in the national insurance threshold — aligning it with the level at which people start paying income tax — will help many lower- and middle-earning families facing a...

Contributions into personal and stakeholder pensions — which includes workplace pensions — increased by 12 per cent between the 2018/19 and 2019/20 tax years, according to the latest HMRC figures The annual...

Little has been left untouched by Russia’s invasion of Ukraine. Add to the growing list the British tax system. Because a U-turn on planned rises to National Insurance rates from April must...

It is extraordinarily rare that you get government intervention in financial services that is widely heralded as a good thing. Help to Buy: great for developers, expensive for first time buyers. Pension...

The Chancellor’s announcement of an increase in the charge cap for auto-enrolment pension schemes, above the current 0.75 per cent level, has been well-trailed.  The intention to encourage more pension money to...

The Chancellor has announced plans to address the ‘net pay anomaly’ which has seen many low-paid workers miss out on tax relief on their workplace pension contributions. However, pension experts have criticised...