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High income child benefit charge

This is not strictly a cash saving but is certainly putting something in the “bank” for your future. If you or your partner are earning £50,000 plus a year you may well not be bothering to claim child benefit. You are avoiding a tax hit but you are also potentially missing out of vital credits towards your future state pension.

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The recent dramatic fall in stock markets around the world may well have felt traumatic and generated a lot of headlines but was “not in many ways surprising”.

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The latest bulletin from The Pensions Regulator (TPR) proves again that ignoring your auto-enrolment obligations is not an option, says Clifton Wealth’s Peter Harvey.

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Small businesses have welcomed many of the measures in the Budget despite a lack of a headline-grabbing announcement.

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This was trailed as a “balanced Budget” with the Chancellor doing his best to remain on his tightrope between keeping a lid on the nation’s finances and offering incentives to young people.

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