Widening gender pension gap with a Covid-19 twist
New research has highlighted a growing retirement income gap between men and women, which has been exacerbated by the pandemic.
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Pension age steps closer to 57
The government has published draft legislation to raise the minimum age for drawing pension benefits from 55 to 57.
So, farewell 6 April?
The UK’s unusual tax year end date is coming under scrutiny in tandem with potential changes to the tax year basis for the self-employed.
Capital gains tax receipts underline tempting target for Chancellor
New HMRC data shows that in 2019/20, £9.9 billion of capital gains tax (CGT) liabilities were created.
A hint of rising interest rates?
The Bank of England has suggested that interest rates may rise sooner than expected.
No room for giveaways in OBR risk report
The Office for Budget Responsibility (OBR) has given Rishi Sunak its new worry list. It gives the Chancellor little wriggle room for potential Budget generosity.
Social care rises up the agenda
A proposal to address social care funding is apparently imminent.
National Savings goes green
National Savings & Investments has announced details of a new green savings product.
HMRC loses on child benefit tax
A recent Upper Tribunal case has raised questions about HMRC’s approach to collecting tax on child benefit.
Pension lifetime allowance cuts on the horizon
New HMRC statistics show the lifetime allowance continues to be a useful revenue earner for HM Treasury, but rumoured cuts at the next Budget could be a concern for soon-to-be retirees.