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A new government bill indicates that a change to the automatic enrolment minimum age and increases to workplace pension contributions could be on the horizon. Private members’ bills rarely get far in the parliamentary process. They all too easily die at the hands of filibustering, as second and any subsequent readings of a […]
New research shows that global dividends have shaken off the impacts of Covid-19 and reverted to their pre-pandemic days, but the UK’s performance isn’t so promising. When the Covid-19 pandemic hit in 2020, it had contrasting impacts on the values of shares and the dividends they paid. While share prices dropped precipitously in the first […]
The rush to meet the voluntary national insurance contributions (NICs) top-up deadline of 5 April has forced HMRC to grant an extension to 31 July. The last major reform to state pensions took effect on 6 April 2016. From that date the second state pension and basic state pension were replaced by the new […]
Annual inflation in 2022 was 10.5%, but not all components rose by double digits. Annual inflation, as measured by the Consumer Prices Index (CPI), was 10.5% in 2022 against 5.4% in 2021. The official CPI calculator, the Office for National Statistics (ONS), says that the last time inflation was as high was in 1981. But […]
Criminals are targeting WhatsApp users by posing as a friend and asking for a security code. Action Fraud has received over 60 reports relating to a scam that steals access to a WhatsApp user’s account. The scam begins when a criminal gets access to another WhatsApp account which has you listed as a contact. The […]
A growing number of taxpayers are being caught by the personal allowance taper, which will be exacerbated by the reduced additional rate tax threshold of £125,140. With many also questioning why the new threshold is not a round number, a short history of tax setting provides the answer. Seven chancellors ago in 2009, the then […]