National Savings goes green
National Savings & Investments has announced details of a new green savings product. One of the small surprises in March’s Budget was the announcement that National Savings & Investments (NS&I) would be launching “a new, retail savings product to give … Continue reading
HMRC loses on child benefit tax
A recent Upper Tribunal case has raised questions about HMRC’s approach to collecting tax on child benefit. Child benefit tax, or the High-Income Child Benefit Charge (HICBC) to use its legal name, has a chequered history. The HICBC was introduced … Continue reading
Pension lifetime allowance cuts on the horizon
New HMRC statistics show the lifetime allowance continues to be a useful revenue earner for HM Treasury, but rumoured cuts at the next Budget could be a concern for soon-to-be retirees. Source: HMRC. In the March Budget, the Chancellor announced … Continue reading
Social care rises up the agenda
A proposal to address social care funding is apparently imminent. “My job is to protect you or your parents or grandparents from the fear of having to sell your home to pay for the costs of care. And so I … Continue reading
2021: six months down…
The first six months of 2021 have been rewarding for investors, but the next six are uncertain. Index 2021 Change FTSE 100 +8.93% FTSE All-Share +9.21% Dow Jones Industrial +12.73% Standard & Poor’s 500 +14.41% Nikkei 225 +4.91% Euro Stoxx … Continue reading