Welcome to the Spring edition of our newsletter
Read moreThe child benefit tax rule changes
One of the few surprises in the Spring Budget was the change affecting how child benefit is taxed for higher earners. The high income child benefit charge (HICBC or ‘hicbic’) was introduced in January 2013 to reduce child benefit payments … Continue reading
Demographics shift to minority married
New data on marriage and civil partnerships shows a significant threshold has been crossed. ‘Population estimates by marital status and living arrangements, England and Wales: 2022’, sounds like a rather esoteric piece of academic output from the Office for National … Continue reading
How much does retirement cost?
New research has put some surprising numbers on the income needed in retirement. Each year since 2019, the Pensions and Lifetime Savings Association (PLSA) has set about answering the question of how much retirement costs for couples and single retirees. … Continue reading
25 years of ISAs
Individual Savings Accounts will celebrate their 25th birthday on 6 April 2024. A quarter of a century ago, Personal Equity Plans (PEPs) and Tax Exempt Special Savings Accounts (TESSAs), both inventions of Conservative chancellors, were replaced by Individual Savings Accounts … Continue reading