Newsroom

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State pensioners could lose a collective £100 million through the decision by the Department for Work and Pensions (DWP) to use the annual earnings figure for the year to July, Royal London has said. This comes after the DWP said the previous practice...
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The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) have agreed a new joint regulatory strategy, which they state is aimed at strengthening their partnership and thus helping produce "better outcomes" for both pension savers and...
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The government has opened a pilot scheme for the Making Tax Digital initiative, allowing businesses to try out the system for themselves with regards to VAT. The new digital system will come into effect from April 1st 2019 for a million businesses with a...
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Stamp duty should be reformed in the Budget so the rate at which it is charged increases in £100,000 increments, according to Chief Executive of Andrews Property Group David Westgate. Mr Westgate said that ideally a 1% flat rate would be levied, but...
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The Pension Protection Fund (PPF) has confirmed it is to amend its rules on pension capping to ensure all affected scheme members get at least 50% of the pension they were originally due. This follows a ruling by the Court of Justice of the European Union on...
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Millions of people who currently rent their homes could end up as owners through a new scheme using funds redirected from the capital gains tax on the sale of each property by the landlord, according to proposals by the Centre for Policy Studies (CPS)...
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A cut to pension tax relief is one of the most likely measures in the Budget as it will raise more revenue, according to a new report by financial services firm Royal London. It noted alternative steps such as raising income tax, VAT, fuel duties or...
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Chancellor Philip Hammond is set to cancel the latest increase in the personal allowance in order to find more money for the government's flagship Universal Credit reform, according to a report in the Daily Telegraph. The story has emerged after Work and...
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The EU is hoping to agree to a new tax on tech firms that would be in place across the EU by Christmas, potentially providing around £4.5 billion in fiscal revenues among the 28 member states. Head of Tax for the European Commission Pierre Moscovici...
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The Women Against State Pension Inequality (Waspi) campaign came to Westminster yesterday (October 10th), as thousands marched through central London and blocked the road outside the Houses of Parliament. It was the latest move in opposition to increases in...