Tag: Budget 2024
Shop closures warning for Christmas shoppers as others face higher prices
The difficulties suggest that retailers are weighed down with a largely quantity of festive stock that will have to be shifted in the sales. …
Inheritance Tax grab raises an extra £600 million – how to cut the bill
A decision to extend inheritance tax means the number of estates hit by the death tax is on course to rise from one in 20 to one in 20 …
Christmas party budgets slashed as Labour’s Autumn Budget hits UK businesses hard
The festive season is a time for giving, but Labour’s Autumn Budget has instead seen businesses take a Scrooge-like attitude to Christmas parties this year …
Urgent warning over poverty pensions after Chancellor pushes back reforms
The warning follows a decision by the Chancellor, Rachel Reeves, to push back a review and reforms of workplace pensions …
HMRC blocks U-turn by workers who grabbed tax-free lump sums in budget panic
Savers claim they took their lump sum withdrawal decision on the basis of guidance that they had a 30-day cooling-off period …
Barclays and TSB customers given welcome Christmas mortgage boost
Both Barclays and TSB have cut interest rates on new deals with rivals expected to follow suit in the coming days …
Pensioners face huge tax raid that could see them lose 64 per cent of pension pots
An exemption that allowed elderly people to pass on a pension pot free of inheritance tax if the holder died before the age of 75 has been removed. …
Death tax warning as UK households warned ‘give money away’ to avoid new tax rule
Experts have suggested that Brits should look into giving away their money early if they want to avoid losing out …
Fears of new tax rises as government borrowing surges
Public sector net borrowing came in at £17.4bn in October, which was £1.6bn more than a year ago …
Overseas retirement dream for pensioners threatened by budget tax change
Changes in the budget mean retirees can no longer take two separate cash lump sums from their nest eggs free of tax or a charge …
