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

Don’t forget the other student loan

When it comes to student loans, the media focus is usually on tuition fees (outside Scotland), but there’s another loan that shouldn’t be overlooked – and that includes Scotland. In January 2023, the Department for Education (DfE) issued a press … Continue reading

Value for money: State pension vs. NICs

Recent research has compared the value of personal national insurance contributions (NICs) with the value of state pension received. The results may surprise you. NICs are not well understood, a fact exploited by Chancellors past and present. Many people mistakenly … Continue reading

Pensions, death and taxes: the retirement anomaly

There is an interesting lesson to be learned from a think tank’s pension criticism. Think tanks come in many different guises, some more independent than others. Those without political links – overt or covert – can often provide a valuable, … Continue reading