Business news
The latest business and financial issues making the headlines.
Pension freedoms age to increase from 55 to 57
Plans to be written into Finance Bill 2022 and take effect from April 2028.37% plan to use state pension for care costs
Care costs become unaffordable for some pensioners.Fresh concerns over capital gains tax rise
A tax hike could generate £14bn a year.IHT overwhelmingly hits London and South East
Hertfordshire pays more IHT than Northern Ireland and Wales combined.Advisory fuel rates update
New fuel rates from 1 September 2021 onwards.Average buyer saves £1k via help-to-buy ISA
Millions may have a forgotten account they can still use.Tax perks entice more UK citizens to Portugal
British expat numbers in Portugal swell post-Brexit.Government borrowing shrinks in July 2021
Borrowing is second highest on record for that month.Repaid VAT triggers spike in tax receipts
HMRC warns against comparing recent annual tax receipts.Inflation slows more sharply than forecast
Year to July 2021 inflation rate hovers above 2% target.
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