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Your financial news updates
Your financial news updates
Mileage rates are rising after 15 years but are still behind inflation. A small thaw in HMRC policy highlights a much bigger long-term freeze. Read more here...
Wealth tax is back, but big questions remain over how proposals would work. For now, planning around taxes that don’t yet exist may do more harm than good. Read more here...
Only 1 in 10 will have a ‘comfortable’ retirement, say recent headlines. Not quite. The reality behind the reports is more nuanced. Read more here...
HMRC has published fresh information on the mechanics of collecting inheritance tax (IHT) on pensions. In the October 2024 Budget, the Chancellor announced that most pension death benefits would become potentially liable…
Could the State pension be replaced with a more flexible income scheme? A new report thinks it would be possible. There are now 12.6 million people over State pension age (SPA), meaning that government expenditure on…
The Office for National Statistics (ONS) has thought again about our life expectancy calculations. Life expectancy calculations matter, and not just to answer that perennial question. Any long-term economic projections,…
Those recommendations have since been largely implemented, changing the nature of retirement provision for millions of people. Last summer, the government announced the launch of a second Pensions Commission, tasked with…
New data from HMRC shows how much the government relies on just four taxes. The Labour Party went into the 2024 general election with pledges on four major taxes in its manifesto: “Labour will not increase…
The Treasury has announced a new campaign aimed at reducing the number of unclaimed Child Trust Funds. On 4 July 2026, the US government will officially launch Trump Accounts. While not another White House-linked…
Fresh inflation data suggests there may be some relief for shoppers at last — but hopes of a smooth return to the Bank of England’s 2% target still look fragile. When the Bank of England met in early February this…
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