Next year’s pension reforms

The Government has set out further thoughts on what pensions will look like from next April. The Chancellor’s Budget bombshell of pension reform was accompanied by a consultation document setting out his broad proposals for industry comment. The consultation period … Continue reading

A strange exercise in democracy

The Finance Bill received Royal Assent on 17 July and with it the first part of the pensions reform became law. The passage of each year’s Finance Bill through parliament is normally a protracted process. This year’s Bill was introduced … Continue reading

Interest Rate Rise Speculation

Short-term interest rates may start rising this year. The Lord Mayor’s Banquet for Bankers and Merchants of the City of London at the Mansion House is one of the City events of the year, with speeches by both the Chancellor … Continue reading

The Taxman’s Revenge

HM Revenue & Customs is expected to start a new crusade in its battle against tax avoidance very soon. The Finance Bill 2014 should become the Finance Act 2014 in July 2014, bringing into law about 600 more pages of … Continue reading

The other property market

Recent figures show that it is not only residential property that is growing in value. There has been much debate about whether the residential property market is overheating, with the latest (May) figures from Nationwide showing UK house prices up … Continue reading