It is thought the chancellor could drop plans for changes to pension tax in the upcoming Budget, with experts calling speculation over any changes “damaging”. An article in The Times claims Rachel Reeves has been told by senior treasury officials that reducing the current 40 per cent level of tax relief on …
Read More »HMRC warning over suspicious email that you must report and delete
One person contacted HMRC on social media to explain how they received an email saying Royal Mail tried to deliver a letter from HMRC – but this message was a scam and was not from HMRC or Royal Mail Be aware of this new HMRC and Royal Mail scam email …
Read More »Share Buyback Tax Scheme – why we are doing it and how it would work
Some of the biggest and most profitable companies in the world are listed on the London Stock Exchange and every year they spend tens of billions of pounds doing nothing more than buying back their own shares. Rather than reward shareholders by paying a dividend, a company can achieve the …
Read More »Questions fit for a new King
The Red Ensign at the stern of Scillonian III hangs limply at half-mast as she chugs out past Land’s End into the Atlantic. It is a hot, windless, sun-kissed September morning. We are heading for the Scillies. The United Kingdom is burying its Queen today. At Westminster Abbey, 290 miles …
Read More »MPs support CDC development, call for DWP to scrap statement season – DB & Derisking
In the document published on Tuesday, the MPs made a number of recommendations in other areas, such as increasing uptake of Pension Wise guidance by trialling automatic appointments, establishing equivalent investment pathways for trust-based schemes, and prohibiting transactions being made on pensions dashboards until they are well-established and trusted. The …
Read More »Rishi Sunak likely to raise taxes once economy gets back to ‘near normal’, Institute for Fiscal Studies predicts
Tax rises are likely to be ordered by Chancellor Rishi Sunak when the economy gets back to “near normal”, an economic watchdog predicted today. Carl Emmerson, deputy director of the respected Institute for Fiscal Studies, spoke out in the wake of Boris Johnson’s speech which pledged to fast-track construction schemes …
Read More »what the parties plan for taxes, pensions and investments
A general election is now less than six weeks away after Parliament agreed to take the country to the polls before Christmas. It may be being dubbed the “Brexit election” but, as the Conservative Party discovered in 2017, other issues can quickly take centre stage. Theresa May’s disastrous plans to …
Read More »Post office users angry at duty-free fee
Published Aug 7, 2019 at 8:00 am (Updated Aug 7, 2019 at 6:50 am) Notice of the new $5 charge at the post office (Photograph from Facebook) Notice of the new $5 charge at the post office (Photograph …
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