The Chancellor is paying off some very old government debt It was a good headline for the Treasury’s press release: “Chancellor Osborne to repay part of our First World War debt.” The reality, however, was slightly different. What the Treasury … Continue reading →

The government has amended the Taxation of Pensions Bill, paving the way for inheritable pensions.   At the end of September the Chancellor surprised many people by announcing at the Conservative Party conference new rules for treatment of money purchase … Continue reading →

The latest data from the Office for National Statistics show that inflation is at a five year low. The Consumer Price Index (CPI) fell to 1.2% in September, its lowest level since September 2009. A year ago it was 2.7% … Continue reading →

Mr Cameron’s promise of a £50,000 starting point for higher rate tax is not all that it seems. The Prime Minister ended the Conservative Party Conference with a pledge to increase the higher rate threshold – the starting level of … Continue reading →