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Pension Reforms Loom in October Budget: Tax-Free Lump Sum and Contribution Limits at Risk

by Neesha Hallan | Oct 19, 2024 | HMRC, HR and Policies, Tax, The Budget

The October budget may cut pension tax reliefs and limit the 25% tax-free lump sum, sparking early withdrawals amid fears of mid-year changes. There are strong signals that pension tax relief could be significantly reformed in the October budget, potentially...

October Budget Could Overhaul Capital Gains Tax: Entrepreneurs and Homeowners Braced for Changes

by Neesha Hallan | Oct 19, 2024 | HMRC, HR and Policies, Tax

Major changes to Capital Gains Tax could be announced in the October budget, prompting investors to act fast before potential rate hikes and tighter relief conditions. With the upcoming October budget, many are anticipating significant changes to Capital Gains Tax...

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