Are the new ISAs worth it?

Part of the problem revolves round confusion about when the money built up in the LISA can actually be used. When it was introduced the Chancellor said that it could be used either at retirement or when first time buyers purchase their first house. Of course if you can’t use it until you have actually completed on your house purchase then it can’t be used to help with your deposit – something that George Osborne seemed to suggest was central to its introduction when he announced plans for the LISA at his last budget.

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Pensions – how the Chancellor fudged the changes

The Government, in particular George Osborne who was Chancellor at the time, made it all sound really attractive when he stood up on Budget day and announced the changes. ‘It’s you money, you should be able to do what you like with it’ was what he seemed to be saying and while, within limits, that’s the case what the Chancellor didn’t explain very well

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Rachael’s Tax Dilemma

What follows below is Rachel’s account of a recent trip to Belgium with some tax questions that it raised for her. We have then answered these questions for Rachel but in a way that we hope will benefit all musicians who have an uncomfortable relationship with HMRC (otherwise known as The Revenue!). Find out more about Rachel and her music at www.rachelhair.comor http://tinyurl.com/6fzw5uu

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