25th March 2014

Unbiased: Budget 2014

Last week, in the chancellor's budget statement, George Osborne announced the introduction of a 'guidance guarantee' for everyone who retires with a defined contribution pension.  

Here at unbiased.co.uk we believe this is a positive step towards ensuring everyone approaching retirement is considering their income options, but we want to know what you think the 'guidance guarantee' needs to include.  Share your thoughts on the latest budget announcement in our LinkedIn discussion.

Karen Barrett, unbiased.co.uk's chief executive, comments on the budget statement on our website. 

Unbiased.co.uk update: #TaxAction 2014  

Our TaxAction 2014 campaign has been capturing headlines since its launch on 17 February, achieving coverage in The Times, Sunday Express, The Sunday Telegraph, International Adviser and more.  

For the 22nd year, the unbiased.co.uk TaxAction campaign educates consumers on the importance of tax efficiency through utilising tax reliefs and tax efficient savings products.  Our research* has found£4.7 billion is set to be wasted this year, gifting a massive £100 million more to the taxman compared to 2013. 

  • £2.9 billion wasted on tax relief for pension contributions
  • £1.1 billion wasted on ISA allowances
  • £530 million wasted on Inheritance Tax
  • £154 million wasted on Capital gains tax 

Do you have any useful tax saving tips you'd like to share?  Join in the discussion with our LinkedIn group or follow all the action on Twitter using the hashtag #TaxAction2014.

 

Budget

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