Spring Budget 2023
Pension breaks for high earners The chancellor announced an increase in pension allowances for high earners, increasing the annual cap on tax-free pension contributions from £40,000 to £60,000. In addition to the annual increase, the tax-free lifetime allowance […]
Autumn Statement 2022
Headlines Income tax and national insurance thresholds The current thresholds for income tax and national insurance will remain frozen for the next five years. This extends by two years the previous announcement made in the 2021 Budget and […]