The announcement of the Lifetime ISA suggests that the Chancellor has not given up on his ideas for reforming the taxation of pensions. Shortly before the Budget there was an unofficial announcement that the much leaked (but equally unofficial) plans … Continue reading →

The burden of income tax was reduced slightly in the Budget, but anomalies remain. The personal allowance will rise from £11,000 to £11,500 in 2017/18 and the higher rate threshold – the starting point for 40% tax – will rise … Continue reading →

The Chancellor made a surprise decision to cut capital gains tax (CGT) in his Budget – but not for everyone. Cast your mind back to June 2010, when George Osborne presented his first “Emergency Budget” as Chancellor. One of his … Continue reading →

The date of 23 June has been set for the EU referendum. It could be a volatile run into summer.             February was the month that Brexit (UK exit from the EU) started to hit … Continue reading →

Your latest PAYE code may look a little strange. It’s the time of year when HM Revenue & Customs (HMRC) sends out PAYE codes for the new tax year. Usually that means adjustments for: An increase in the personal allowance, … Continue reading →