Gordon Andrews & Jon Greer: Five priorities for new chancellor Sajid Javid

Annual allowance, RNRB, IHT and more

clock • 7 min read

As Sajid Javid succeeds Philip Hammond as chancellor of the Exchequer, Gordon Andrews and Jon Greer highlight five personal finance reforms he ought to prioritise

The tax system has grown ever more complex under the stewardship of George Osborne and Phillip Hammond, leaving plenty of unfinished business for Sajid Javid, writes Jon Greer. There is a backlog of unhelpful policies that are at best obfuscated tax grabs and at worst badly thought out measures with dire unintended consequences. The annual allowance taper, residence nil-rate band and Lifetime Isa (Lisa) have all made our tax and savings system more complex. These contrived policies were aimed to target very specific behaviours and practices but the complexity of the design means they hav...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

A new tax year for advice: 'Tax planning is not done'

A new tax year for advice: 'Tax planning is not done'

Advisers urge clients to maximise their tax breaks

Isabel Baxter
clock 08 April 2025 • 5 min read
Farming families must be proactive on advice ahead of APR/BPR change

Farming families must be proactive on advice ahead of APR/BPR change

‘The difficult conversations need to happen now’

Sahar Nazir
clock 03 April 2025 • 6 min read
Business' tax year planning – a reminder on carry forward

Business' tax year planning – a reminder on carry forward

'The carry forward rules can be difficult to navigate'

Caitlin Southall
clock 31 March 2025 • 4 min read