Tapered allowance threshold set to rise

Speculation is mounting that Chancellor Rishi Sunak has a solution up his sleeve to fix the doctors' pensions row in this week's Spring Budget. Savers can pay up to £40,000 a year into their pension, with savings that breach this threshold taxed at an individual's...

BCC: ‘Use the Budget to boost businesses’

Chancellor Rishi Sunak is being urged to "stop endless rises in upfront costs that strangle businesses" ahead of next week's Spring Budget. The British Chambers of Commerce (BCC) wants the Chancellor to deliver a Budget to help businesses and entrepreneurs thrive...

Workplace pension participation levels hits new high

Record volumes of eligible employees saved into a workplace pension last year, according to the Office for National Statistics (ONS). Workers who are aged between 22 and state pension age, and earning more than £10,000 a year are eligible for a workplace pension...

FSB calls for tweaks to entrepreneurs’ relief

Entrepreneurs' relief should be pruned back in next week's Spring Budget, the Federation of Small Businesses (FSB) has claimed. The Conservative manifesto pledged to "review and reform entrepreneurs' relief" prior to the general election last December. But Chancellor...

Predictions for Spring Budget 2020

Next week, new Chancellor Rishi Sunak will deliver his first Budget speech, exactly 27 days after Sajid Javid's shock resignation. The Government has declared an end to austerity, but whether or not Sunak loosens the Treasury's purse strings remains to be seen. The...