We could see a jump in inflation soon. The pandemic has posed problems for the Office for National Statistics (ONS) when it comes to calculating the rate of inflation. For example: How do you measure the price of an item … Continue reading →

A new consultation paper has set out more details of an increase in the normal minimum retirement age. In February the Treasury and HMRC published a consultation paper on implementing an increase in the normal minimum pension age (NMPA) from … Continue reading →

The Budget announced a five-year freeze to the standard lifetime allowance. The standard lifetime allowance (SLA) is an important pensions number. It effectively sets the maximum tax efficient value of all your retirement benefits, in the absence of any legislative … Continue reading →

A quiet turning of the tax screw. Just before the Budget arrived on 3 March, it seemed as if the Chancellor would have nothing to say that was not already public knowledge. However, while some of the many leaks were … Continue reading →