Families miss out on £2,000 in tax-free childcare

More than a million parents in the UK are missing out on £2,000 a year by not claiming tax-free childcare. HMRC statistics found that around 172,000 families are claiming the Government support, up from 125,000 year-on-year. As 1.3m parents are eligible for the...

‘Spring Budget could be delayed’

Speculation is mounting that next month's Spring Budget may be postponed, following Sajid Javid's resignation as chancellor. Spring Budget 2020 is set to take place after Prime Minister's Questions on the afternoon of 11 March. But the fiscal event was thrown into...

Javid sensationally quits as chancellor

Sajid Javid stunned parliament yesterday by resigning as chancellor, less than a month before the Spring Budget. Javid had been expected to continue in his role as chancellor as Prime Minister Boris Johnson conducted a cabinet reshuffle. But the former chancellor quit...

Chancellor mulls pension tax relief reform

Chancellor Sajid Javid is reportedly considering cutting pensions tax relief for high earners in next month's Spring Budget. Media reports suggest Javid may be on the verge of reducing high earners' relief from their marginal rate of income tax to 20% to make the...