Financial services is understood to be critical to the future success of the UK, and is an area that has direct impact on EU and UK residents alike so politicians are very aware that this needs agreement sooner rather than later. Read more
In recent years pension tax relief has been systematically reduced. Both the Lifetime Allowance (the effective cap of the tax benefits of using pensions) and the Annual Allowance (the tax efficient cap on contributions every year) have been severely restricted. Read more
Think-tank the Resolution Foundation has recommended that the current Inheritance Tax (IHT) regime is scrapped and replaced with “one that is fairer to families and harder to avoid”; specifically, a “Lifetime Receipts Tax”. Read more
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