We wish you a happy New Year!30 December 2022
2022 is drawing to a close and the last 12 months have been challenging for many. A great deal has happened over the calendar year, both in the UK and worldwide, with significant influence on global markets and economies.
Since the introduction of the HMRC Lifetime Allowance (LTA) test and tax charge system in 2006, much has varied over the years.
December 2022 will see the first King Charles III minted coins reach public circulation as the tills ring with Christmas present purchases.
First comprehensively studied in 2016 by the then Chancellor, George Osborne, pensions tax relief might have made it into the Autumn Statement on 17 November 2022.
At 11.30am on 17 November, the Chancellor, Jeremy Hunt MP, set out his plan for stabilising the UK economy and tackling rising inflation.
Automatic enrolment – the legal requirement for an employer to enrol all eligible workers into a workplace pension and contribute to it.
As half-term looms around the corner, and life is busy, busy, busy, it is easy to forget the tax allowances available in a tax year.
Our fourth Chancellor in four months, Jeremy Hunt MP, has as expected announced the reversal of almost all the tax measures included in the mini budget of 23 September.