Autumn Budget: How could Rachel Reeves change salary sacrifice rules? November 10, 2025 Salary sacrifice schemes have allowed Brits earning more than £100,000 to avoid high taxes since the 1970s. While a pay rise can be lucrative for some employees, for others being dragged over the £100,000 threshold can be financially damaging, particularly for parents of young children who risk having their free childcare hours pulled away and [...]
Pensions, motorists and workers: The tax targets Rachel Reeves is eyeing up November 7, 2025 If there is one thing that is clear three weeks out from the Autumn Budget, it is that Chancellor Rachel Reeves will hike taxes. The Office for Budget Responsibility (OBR), which scores the economic impacts of the government’s policies and publishes forecasts on public finances, has been questioned for being over optimistic on measures such [...]
What does the Bank’s rate decision mean for your finances? November 6, 2025 UK households who were hoping for a rate cut today may be disappointed after the Bank of England held interest rates at four per cent. The decision came amid concerns surrounding high inflation ahead of Chancellor Rachel Reeves’ crunch Budget later this month. Governor Andrew Bailey, who had the deciding vote, said he would “prefer [...]
Stay with me here… how about a pensions QUADRUPLE lock? November 6, 2025 Tom Harwood presents a pensions policy that is both money saving and popular: promise that Pensions will NEVER go down in cash terms; Pensions will NEVER go down in real terms; Pensions will RISE every year; and 4. Pensions will GO UP in line with CPI inflation This week Rachel Reeves rolled the pitch of [...]
Chancellor urged to back long-term prosperity in upcoming Budget November 5, 2025 A leading UK wealth manager has urged Chancellor Rachel Reeves’ to back wealthy individuals focused on building wealth and increasing UK investment in the November Budget. Rathbones has called on the government to offer support to wealthier Brits in this month’s Budget in order to drive long-term, sustainable investment and end the cycle of weak [...]
Do you need to contribute more to your pension? November 5, 2025 The introduction of auto enrolment has drastically changed the retirement outcomes for millions of Brits, increasing private sector employees’ pension contributions. The move, which came into force in 2012, allowed savers who joined the workforce too late to benefit from the gold plated, inflation protected defined benefit schemes to secure a consistent pension stream, without [...]
The tax trap catching thousands of working pensioners October 30, 2025 Thousands of working pensioners found themselves ensnared in the income tax trap last year, as frozen thresholds yanked them into the higher tax bracket. According to a freedom of information request to HMRC by Interactive Investor, 77,000 pensioners found themselves paying 60 per cent income tax, up from just 34,000 three years ago. It was [...]
Pension tax grab could threaten retirement for millions October 30, 2025 A potential raid on pensions in the upcoming November Budget could cause pension funds to lose billions, threatening businesses and the retirement outcome for millions of Brits. UK pension funds could suffer a £50bn loss over the next five years if the Treasury decides to slash pension tax reliefs, according to analysis from wealth manager [...]
The £6bn boost to the economy from getting 50-64-year-olds back to work October 22, 2025 There are roughly 1m people between age 50 and state pension age who say they want or need to keep working but are facing a range of obstacles, says Catherine Foot As the UK awaits the findings of the Keep Britain Working Review which is looking to address economic inactivity due to ill-health and disability, [...]
Benefits to increase more than expected next April October 22, 2025 Most state benefits will rise by 3.8 per cent next year in line with September’s rate of inflation, exceeding earlier predictions by the Treasury watchdog. September’s CPI inflation figures are used to calculate the increase to many welfare bills which take effect next April, including universal credit and personal independence payments (Pips). The rise is [...]