Andrew Tully: Immediate priorities for advisers following 'mixed picture' Budget

The chancellor's latest Budget delivered a mixed picture for advisers and their clients, combining higher taxes on savings and property income, continued fiscal drag pulling more people into higher rates of income tax, a welcome reversal of proposed ISA restrictions and targeted support for some pensioners. Savings and property income tax rises The most significant development for savers and landlords is the decision to increase the planned rises in savings and property income tax from two percentage points to four. From April 2027, the basic, higher and additional rates for both incom...