Q. I have heard that the government is planning to sell its stake in the part-nationalised banks. Is this true and, if so, will I have the opportunity to purchase shares? A. George Osborne, the Chancellor of the Exchequer, announced recently that the government is considering selling its shares in Lloyds Banking Group. However, it… Read more »
Q. I have heard a rumour that the government is set to reintroduce the married couples’ allowance. Is this correct? A. Not exactly. David Gauke, the Treasury Minister, has written a letter to Conservative MPs insisting that tax breaks for married couples will be introduced before the next election (meaning that, if it is to… Read more »
Q. I am approaching retirement and expect to save a considerable amount in the next five years in order to boost my pension. I read an article recently that stated that the lifetime allowance is set to be reduced and, if that is correct, I suspect that my pension savings may exceed the lifetime allowance…. Read more »
Q. I am the owner/manager of a small local business that employs approximately 20 people. I was expecting to have to enrol automatically those employees into a “qualifying workplace pension” in the coming years. However, a friend has told me that he read a newspaper article recently that stated that there is an exception to… Read more »
Q. I have just completed my university studies and I am about to commence employment on a graduate training programme. I am living at home and will therefore have excess income. My parents have encouraged me to save into an ISA, but I know very little about them. Can you explain what is an ISA… Read more »
