The rising cost of retirement

How much income do you actually need in retirement? New research shows an increase that might surprise you. In 2019, the Pensions and Lifetime Savings Association (PLSA) published research examining how much three different levels of retirement living standards would … Continue reading

Spring Budget 2023

INTRODUCTION The first Budget since October 2021 was widely expected to be an uneventful affair. Five months ago, the then new Chancellor, Jeremy Hunt, presented an Autumn Statement that was more of a Budget than many formal Budgets. Not only … Continue reading

Tax Tables 2023/24

2023/24 Tax Tables Click the image to download PDF.

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A new tax regime for pensions?

A national think tank has proposed a new blueprint for taxing pensions, which might appeal to a future government. Tax and pensions. This combination is enough to give most people a reason for their eyes to glaze over. However, the … Continue reading

Making Tax Digital for income tax deferred

During the non-news week before Christmas, there was a significant announcement on the Making Tax Digital (MTD) scheme for income tax. In recent months, you could be forgiven for thinking that the infrastructure of UK plc was falling apart. One … Continue reading