Recently released economic data suggest a relatively large increase in the main state pensions for the next tax year, but it’s still inadequate for a happy retirement. The new levels of state pension for the coming financial year (2020/21) are … Continue reading →

The Autumn Budget may have been deferred, but the tax year clock is still ticking. The deferral of the Autumn Budget, originally due on 6th November 2019, created several problems.  It meant that the political parties went into the election … Continue reading →

When you look at your annual tax statement, have you ever wondered about the overall cost of the tax reliefs you enjoy? HMRC has published its latest annual assessment of the cost of various tax reliefs, and there are some … Continue reading →

The planned reform of probate fees in England and Wales has been scrapped. A year ago the government tabled proposals to increase the level of probate fees in England and Wales. The idea was to move from the current single … Continue reading →

Recent data show that dividends from UK shares rose by nearly 7% year-on-year in the third quarter. Source: Link Asset Services The latest Dividend Monitor from Link Asset Services, the share registrars, shows that dividends from UK shares continued to … Continue reading →