The burden of income tax was reduced slightly in the Budget, but anomalies remain. The personal allowance will rise from £11,000 to £11,500 in 2016/17 and the higher rate threshold - the starting point for 40% tax - will rise by £2,000 to £45,000. While the Treasury described the increase in the higher rate threshold…
Read moreMonth: April 2016
The first quarter of the year is over. For all the excitement over the last three months, from end to end, not much happened. Do you remember back to the first half of February, when markets were full of doom and gloom and the FTSE was threatening to drop below 5,500 and the Dow Jones…
Read moreThe date of 23 June has been set for the EU referendum. It could be a volatile run into summer. February was the month that Brexit (UK exit from the EU) started to hit the headlines in a big way. The Prime Minister finished his negotiations after the traditional late night arguments and confirmed that…
Read moreThe Pensions Regulator is finding a growing number of automatic enrolment failures. The Pensions Regulator (TPR) recently issued its latest "Compliance and enforcement" bulletin, looking at progress to the end of 2015. This showed that as the size of employers drawn into the scope of auto-enrolment has shrunk, so have the TPR's actions and fines…
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