Autumn Statement 2015

HM-Treasury-500x320.jpg
4

Osborne forges ahead with second-hand annuities reform

The Government is to press ahead with plans to allow pensions to sell-off their annuities and will unveil a consumer protection package next month. The proposals will come as part of a response to a now-closed consultation on the reforms due in December. The Chancellor announced plans to expand the existing pension freedoms to annuitants […]

2014-Budget-George-Osborne-Walking-700.jpg

Govt to raise £1.2bn in CGT payment deadline crackdown

The Government is to raise £1.2bn by reducing the payment window for capital gains tax on residential property. CGT on residential property is currently paid between 10 and 22 months after a property is sold. In today’s Autumn Statement Chancellor George Osborne announced that from April 2019, CGT must be paid within 30 days of […]