Tag: chancellor
Pensioners ‘risk costly mistakes’ as Rachel Reeves refuses to rule out tax change
A finance expert warns that when it comes to uncertainty around pensions, that’s “dangerous”. …
‘The UK state pension rule that’s left me wondering if the country is broken’
A social media influencer has slammed state pension entitlement rules, suggesting that those who have worked for decades are no better off than those who have not. …
Rachel Reeves handed dire warning as budget rule change ‘risks higher interest rates’
The Chancellor is set to radically change the Government’s borrowing rules in the Autumn Budget to allow for huge public spending projects. …
Move to cap tax-free pension lump sum to £100,000 could cost retirees more than £70,000
Currently, workers can take out a maximum sum of £268,275 without paying tax, which many people count on to pay off debts, such as mortgages. …
Millions face shock HMRC bill as Jeremy Hunt’s forgotten tax timebomb explodes
Two million more savers risk being dragged into HMRC’s clutches due to an overlooked tax raid by former Tory chancellor Jeremy Hunt. …
