Next April’s increases to State pensions will now follow a less expected, and less expensive, path.
This October marks the seventh anniversary of the start of workplace pension auto-enrolment, perhaps proving that some grand government schemes can be a success.
The value of key tax thresholds is being eroded, as elements of the income tax system lag behind inflation.
When the current tax year comes to an end so will some valuable tax planning opportunities. Some of these will survive into 2018/19, but many will finish on 5 April – and if you don’t use them, you will lose them.