I used to think the lifetime pension savings allowance was a terrible idea, says Merryn Somerset Webb. I’ve changed my mind on that. But there are some things about the pensions system that I will never agree with.
There are just five weeks left in the 2018-2019 tax year, so make sure you’ve made full use of your allowances.
There’s been a lot of wailing about the extra tax burden once you hit the pensions lifetime savings allowance. But it’s better to just carry on contributing and pay the tax, says Merryn Somerset Webb.
All those people breaking up over Christmas would do better to wait until Easter, says Merryn Somerset Webb. They could save themselves a fortune.
Since women got the vote a century ago, we have developed a more progressive tax system and a transferred more wealth to the less well-off. That’s no coincidence, says Merryn Somerset Webb.
People objecting to new housing developments in their neighbourhoods are acting perfectly rationally, says Merryn Somerset Webb. But there’s an easy solution: divert some of the landowners’ profits and buy them off.
Adam Smith, Milton Friedman, MoneyWeek and the Labour Party are all fans of a land value tax. But what exactly is it and how would it work? Simon Wilson reports.
A landmark court case could bring certain pensions under the inheritance tax umbrella.
John Stepek gives a rundown on Philip Hammond’s Budget later today, and how it might affect your pocket.
It doesn’t happen often these days, says Merryn Somerset Webb. But there might be something in the next Budget that MoneyWeek readers will like.
Corporations publicly outed as tax dodgers; individuals denied honours. Shaming people into paying their taxes is probably effective, says Merryn Somerset Webb. But the government could go further.