Budget 2016: What can we expect from Osborne?

Another austerity Budget

clock • 4 min read

From radical tax reform to pension dashboard implementation, much has been said about the measures George Osborne could throw at the advice community this year. Amid the furore, we've rounded up some Budget 2016 predictions

The government's reform of the way it awards tax relief on pension contributions has been the star among Budget predictions in recent months. However, a sudden turn of events last weekend pretty much ruled the measure out. A Treasury source told the BBC it was "not the right time" to make changes. So what's left? 1. Annual Allowance (shock horror) Pension savers' annual allowance could be on the chopping block, after all the Chancellor wants to curb the expense of his tax relief budget - currently stood at about £35bn. Annual allowance (AA) is the amount savers can put away tax...

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