Log on to IFAonline from 12.30pm as we bring you measure-by-measure coverage as Chancellor George Osborne makes his statement to the House of Commons.
So, what will Osborne announce today? The outlook is expected to be bleak, with Osborne set to say austerity measures will be extended into 2018 - missing his target of ending the austerity drive before the net election. It is thought the government will not move to introduce a "mansion tax" but the wealthy will be targeted. Annual contributions into pensions are expected to be reduced significantly. The FT reported last week that officials said moves to reduce tax relief available for wealthier voters on their pensions were "on the table". Osborne is also under pressure to come...
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