The future of two important personal taxes – inheritance and capital gains – has finally been clarified, simplifying aspects of year-end planning. The extended wait highlights the difficulty of changing useful revenue-raising measures in uncertain times. Four years ago, in … Continue reading →

A surprise change of tack on pension ages was revealed when last year’s Finance Bill was published. In February 2021, the government confirmed that it would go ahead with a two-year increase in the normal minimum pension age (NMPA) from … Continue reading →

Autumn Budget reforms have created a surprising clash of benefits and income tax. The Covid-19 pandemic was the first time many people utilised Universal Credit (UC) for the first time – between February and May 2020, the number of households … Continue reading →

More details have emerged on the £86,000 social care cost cap for England. At the start of September, the Prime Minister announced long-awaited plans for the funding of social care in England (Wales, Scotland and Northern Ireland all have their … Continue reading →