Energy costs statement 8 September 2022
After a prolonged period of speculation, the new Prime Minister Liz Truss has announced preliminary details of how the government plans to deal with the energy price crisis. In late May this year, the then Chancellor, Rishi Sunak, announced a … Continue reading
No time to waste: minimum pension contributions must rise
A new report by the Association of British Insurers says a significant increase in the minimum contributions to workplace pensions is required. October will mark the tenth anniversary of the introduction of automatic enrolment (AE) into workplace pensions. The latest … Continue reading
Setting new taxpayer records
New data from HMRC reveals there are now over six million people paying higher or additional rate tax in the UK. Source: HMRC. In recent years, the end of June has been the time for HMRC to issue its annual … Continue reading
Five decades of tax rises ahead
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
Catching up on your state pension
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

