April 2019 Changes
The rise in auto-enrolment contribution rates in April 2019 coincides with the Budget changes to income tax and NICs for 2019/20. The combination of the two has some interesting consequences.
A press report at the weekend suggested that the Budget could take place in early October.
13 September 2018
The Chancellor has told the House of Lords he does not yet know when he will present the Budget.
10 September 2018
Class 2 Contributions
There has been another U-turn on Class 2 NICs, which will not now be scrapped from April 2019.
23 August 2018
Government Borrowing Figures Improve
The July borrowing figures showed a surplus for the month, a repeat of last year’s performance and only the second surplus for July since 2002. It means more wriggle room for the Chancellor ahead of his Autumn Budget.
Student Loans, Smoke And Mirrors
The bizarre way in which the Treasury accounts for student loans has come under the spotlight in the last week. The consequences for Mr Hammond’s borrowing numbers could be an education...
The Obr Prices The NHS Pledge
The OBR’s latest Fiscal Sustainability report takes account of last month’s pledge from the Government of an extra £20.5bn NHS spending by 2023. As there were no corresponding tax plans to work with, the OBR draws some unpleasant conclusions.