The Chancellor has confirmed in an interview with Martin Lewis that pensioners whose sole income is the state pension will not have to pay income tax once it breaches the threshold for paying basic rate tax.
The OBR’s Economic and Fiscal Estimates publication shows that capital gains tax (CGT) is now estimated to raise an additional £6.1bn between 2025-26 and the end of the decade.
PFS director and disability and inclusion campaigner Eddie Grant FPFS,a Chartered Financial Planner, explains what the 'disability dividend' is and how inclusion can strengthen workforces, customers and communities.
The top 10% of earners are expected to see more than £2,000 extra average in tax as a result of the changes announced in the latest Budget, according to analysis by Hargreaves Lansdown.
The Financial Ombudsman Service (FOS) is to raise its case fees and levies for the first time in three years, according to its 2026/27 plans and budget.
Whilst the Budget may appear to have been less dramatic than feared by financial advisers, others said that the package of measures could prove harmful for their clients.
The Government is to launch a consultation on the future of the Lifetime ISA (LISA) in early 2026, according to documents from yesterday’s Budget report.
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