UK inflation picked up in March, reaching the dizzy heights of 0.5% on the Consumer Price Index (CPI) and 1.6% on the Retail Prices Index (RPI – which is no longer an … Continue reading →

National Savings & Investments (NS&I) are cutting interest rates. National Savings & Investments (NS&I) has announced that it will be cutting interest on five of its variable rate products, mostly from June. It blames the cuts in part on the … Continue reading →

On April the 6th 2016, the pensions Lifetime Allowance (LTA), ie the maximum level of tax-protected pensions savings that you can accrue over your lifetime, reduced from £1,250,0000 to £1,000,000. Pension savings above the LTA will be taxed at 55%. … Continue reading →

The first quarter of the year is over. For all the excitement over the last three months, from end to end, not much happened. Do you remember back to the first half of February, when markets were full of doom … Continue reading →

The Chancellor hopes to raise another £12bn from anti-avoidance measures announced in the Budget. A Budget would not be a Budget without the announcement of a range of new measures to counter tax avoidance and tax evasion. The latest Budget … Continue reading →