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Your financial news updates
Your financial news updates
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.
New HMRC data shows that in 2019/20, £9.9 billion of capital gains tax (CGT) liabilities were created.
The Bank of England has suggested that interest rates may rise sooner than expected.
The government has published draft legislation to raise the minimum age for drawing pension benefits from 55 to 57.
A recent Upper Tribunal case has raised questions about HMRC’s approach to collecting tax on child benefit.
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.
A proposal to address social care funding is apparently imminent.
National Savings & Investments has announced details of a new green savings product.
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.
The first six months of 2021 have been rewarding for investors, but the next six are uncertain.
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