The fall-out from a General Election inevitably involves a game of musical chairs; masquerading as a Parliamentary reshuffle.
The Lifetime ISA has been attacked as a ‘gimmick’ and a ‘competitor’ to pensions - less than two hours after it was revealed.
The new Lifetime ISA could be used for “other specific life events” apart from buying a first home and for retirement.
Radical changes to ISAs have been announced as one of the major headlines in the Budget today.
Tax for many businesses purchasing property will be cut, the Treasury said, as it announced changes to commercial property stamp duty in today’s Budget.
Consumers using the Pension Wise service will be given more than one appointment in future, the Government said this morning.
There are ‘ominous’ signals over pensions tax relief that a ‘bloody nose’ is still to come despite the Chancellor’s silence on the subject yesterday, industry figures have warned.
The FCA must fire a warning to firms that barriers stopping savers accessing their pensions are unacceptable, the Government has commanded.
A Treasury U-turn on the pension reforms has been hailed by a Sipps firm as "a victory for common sense".
The government will be sending personal tax summaries to 24m taxpayers annually from today.
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