Hundreds of thousands of higher earners will effectively enjoy a tax cut after the chancellor took drastic action to tackle a pensions ‘tax trap’.

In March’s 2020 Budget, the government announced changes to pension tax rules affecting people paid more than £110,000 a year.

The move affects all high earners, and is likely to be welcomed by many of those who had […]

Recession-proofing and ‘levelling up’ measures announced in Budget

In the Budget, the Chancellor announced a wave of coronavirus-battling measures to help businesses and retailers. In total he announced £12bn to buttress the economy against the immediate threat of recession due to the spread of coronavirus, and £18bn on ‘levelling up’ across the UK to deliver on the Governments election promise.

The Chancellor […]