Spring Budget 2023

‘Some rowing back’ may happen as framework is taken apart

Office for Budget Responsibility predicts IHT receipts will grow

Lifetime allowance on pension saving scrapped in yesterday’s Budget

Pension changes have been a key highlight for the advice industry

Chancellor increased AA to £60,000 in Spring Budget speech

Lifetime allowance scrap 'could see more people turn to IFAs'

Government to consult on creating a new criminal offence

Corporation tax increase kick in from next month also confirmed

OBR also forecasts inflation set to fall to 2.9%

LTA abolished, AA rises to £60,000, MPAA and MTAA increased to £10,000