Scottish health secretary Jeane Freeman has written to chancellor Sajid Javid demanding he find a solution for heavily-taxed senior NHS workers in his upcoming Budget.
Almost half (44%) of clinical and non-clinical trust executive directors are considering or planning to leave the NHS in the next two years due to pension taxation, according to NHS Providers.
This week’s top stories include reports of HM Treasury’s plans to give higher tax relief to those earning over £110,000, and Sir Steve Webb’s move from Royal London to Lane Clark and Peacock.
The Pensions Regulator (TPR) has welcomed the government’s latest update on the details of the pension schemes bill.
HM Treasury has confirmed that the government will hold its Budget on 11 March.
The government should consider making auto-enrolment (AE) minimum contributions compulsory and removing tax-relief from this sum, Baroness Ros Altmann says.
Tax simplification must return to the top of the government’s pensions agenda in order to boost saving potential, says Alan Pickering.
The UK’s consumer prices index (CPI) has fallen to its lowest level since November 2016, according to the Office for National Statistics (ONS).
The volume of regulation and the cost of regulators has risen sharply over the past decade. Robin Ellison asks if it is time for a rethink.
HM Treasury has announced that the government’s next Budget will take place on 6 November, although this depends on the outcome of the Brexit negotiations.