Month: June 2019

262 – BRAVE NEW WORLD OF UBI?

If those three letters mean nothing to you now, they may do soon. Universal Basic Income (UBI) has become a topic attracting attention among some think-tanks and political parties, both in the UK and overseas.The idea behind UBI is simple and has an obvious electoral appeal. In its most basic form, UBI would give every…

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261 – PENSION FLEXIBILITY: TOO TAXING FOR MANY!

Recent HMRC statistics highlight the over-taxation of some pension benefits. More than one million people have received flexible pension payments thanks to therules introduced just over four years ago. HMRC’s most recent statistics, to the end of March 2019, show that 1,113,000 people have withdrawn over £25,600m from their pensions, across 6,136,000 payments.The amounts withdrawn…

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