Donât worry: there will be no stamp duty rise on your âgranny flatâ after all
Category: Family & Financial Planning for individuals/families & home & Housing & Tax
Now that youâve got to grips with auto-enrolment, prepare for auto re-enrolment
Category: Auto-enrolment & Financial planning for Businesses & Tax
Auto-enrolment, the government initiative which made it compulsory for all businesses to enrol their employees in a pension scheme, celebrated its third anniversary last October. Whilst most employers have by this point got to grips with what they need to do to comply with auto-enrolment, those businesses that were some of the first to implement the initiative face a new challenge three years on: the first phase of automatic re-enrolment.
Tax cuts now, payback later â what will the Budget of 2019 look like?
Category: Budget & Economy & Tax & Uncategorized
The Chancellor will need to reduce borrowing by ÂŁ32bn in 2019-20 â the biggest ever annual cash consolidation â in order to meet his Budget surplus target by the end of parliament, according to a new post-Budget briefing report published by the Resolution Foundation.
How long before pension tax relief fills the âBlack Holeâ?
Category: pensions & Tax & Uncategorized
Before the March 2016 Budget there had been much speculation that the Chancellor was planning big changes to the tax relief on pensions. However, just before the Budget, the Treasury scotched rumours of such changes and subsequently there were no changes to pension savings tax relief in the forecast Budget.
The âBrexitâ impact on your pension
Category: Budget & pensions & Tax & Uncategorized
In the lead up to the budget announcement, George Osborne seemed to bow to the pressure David Cameron and other members of the Conservative Party were putting on him to soften his approach when it comes to pensions and tax relief.
Three ways accelerated tax payments are likely to affect you
Category: Accounting & Tax & Uncategorized
George Osborne announced last year that the tax system as we currently know it will be phased out by 2020, after the Treasury described the system of tax returns as âcomplex, costly and time-consuming.â In its place, a new digital system will be rolled out by the government which purports to be easier to use and manage for both individuals and businesses.