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So, George Osborne has delivered his ’emergency budget’ – the first conservative budget in almost 20 years… back when Prodigy was topping the charts with Breathe – I daren’t comment
The Chancellor of the Exchequer George Osborne has announced that there will be a Summer Budget on Wednesday 8 July 2015. Mr Osborne admitted that it was unusual to deliver
Those approaching retirement are being urged to be aware of a rise in pension scams, as criminals seek new ways to defraud pensioners. Savers have been urged to be aware
From an economic perspective, all the pundits were saying that regardless of the ‘who’ a clear (no matter how small) majority result for either party would be much more stable
From 8 June 2015 the paper counterpart to the photocard driving licence will be abolished. Meaning that from this date DVLA will stop issuing the paper counterpart and those that currently
The Pensions Regulator (TPR) has launched a new step-by-step guide to help small businesses get ready for their automatic enrolment duties. According to TPR the online guide has been written
The Chancellor has announced a new flexibility for people who have already purchased an annuity. From April 2016, the government will remove the restrictions on buying and selling existing annuities
The government has announced the introduction of a new type of ISA, the Help to Buy ISA, which will provide a tax free savings account for first time buyers wishing
The Chancellor announced that legislation will be introduced in a future Finance Bill to apply a Personal Savings Allowance to income such as bank and building society interest from 6
The Chancellor announced that the personal allowance will be increased to £10,800 in 2016/17 and to £11,000 in 2017/18. The Transferable Tax Allowance will also rise in line with the
From 6 April 2015, the maximum amount of an eligible individual’s savings income that can qualify for the starting rate of tax for savings will be increased from £2,880 to
The basic rate of tax is currently 20%. The band of income taxable at this rate is being decreased from £31,865 to £31,785 so that the threshold at which the
