The government’s budget watchdog says more tax rises are not only on the way but are expected for the next 50 years. The Office for Budget Responsibility (OBR) normally comes into the spotlight when the Chancellor is presenting the Autumn … Continue reading →

The deadline to backfill your pre-2016/17 state pension contributions is nearing. When the new state pension was introduced in April 2016, the government offered a temporary opportunity for some of those who did not have a full record of national … Continue reading →

At the end of September the old paper £50 and £20 notes will no longer be legal tender. But has cash in general had its day? In 2010, 56% of all payments were made in cash, according to UK Finance. … Continue reading →

The world’s share markets had a bad first half of 2022, but for once the UK performance was better than many. Index 2022 H1 Change FTSE 100 -2.9% FTSE 250 -20.5% Dow Jones Industrial -15.3% Standard & Poor’s 500 -20.6% … Continue reading →

The high marginal tax rates created by phasing out the personal allowance are back in the news. ‘A million to pay 60% income tax within years,’ ran a recent headline in The Sunday Telegraph. The next day The Times picked … Continue reading →