The Spring Budget unexpectedly introduced a change in the way child benefit is taxed for those with higher incomes. The high income child benefit charge (HICBC or ‘hicbic’) was introduced... read more →
The Office for National Statistics (ONS) has been reviewing and changing which items to add and take away from its inflation shopping basket. Every year in March, the ONS announces... read more →
Among the eagerly anticipated announcement in the Spring Budget was the launch of a UK ISA. but will it take off? Alongside the Budget, the Treasury published a consultation paper... read more →
An independent study recommends that the age of eligibility for State pension should increase more rapidly than currently scheduled. The next SPA rise begins in under two years with a... read more →
Recent data issued alongside the 2024 Spring Budget highlights the growing trend of higher rate taxpayer status becoming more widespread. Ahead of the Budget announcement, the Office for Budget Responsibility... read more →
6th April 2024 will mark 25 years since the introduction of Individual Savings Accounts (ISAs) A quarter of a century ago, Personal Equity Plans (PEPs) and Tax Exempt Special Savings... read more →
Recent studies have revealed unexpected figures regarding the income required for retirement. Since 2019, the Pensions and Lifetime Savings Association (PLSA) has been dedicated to determining the cost of retirement... read more →
Recent statistics on marriage and civil partnerships indicate a notable milestone ‘Population estimates by marital status and living arrangements, England and Wales: 2022’, sounds like a rather esoteric piece of... read more →
The beginning of the new tax year on the 6th April brings about a range of changes that might impact your financial planning The start of the new tax year... read more →
Recent studies on anticipated retirement ages have unveiled some surprising and potentially unrealistic findings. The next increase in State Pension Age (SPA) to 67 will start to take effect in... read more →