Bill Dodwell
@billdodwelltax.bsky.social
Tax Adviser. Formerly Tax Director, Office of Tax Simplification
https://www.gov.uk/government/organisations/office-of-tax-simplification
Non executive board member HMRC
All posts in personal capacity
https://www.gov.uk/government/organisations/office-of-tax-simplification
Non executive board member HMRC
All posts in personal capacity
Reposted by Bill Dodwell
Interesting question this week from a couple who want to be able to leave any unspent balances in their pension pot to a friend when they are both gone: www.thisismoney.co.uk/money/pensio...
Can we choose who we like to inherit our pensions? STEVE WEBB replies
As we have no children or a family member we wish to leave our pensions to, can we choose anyone we please? For example a close friend and their children?
www.thisismoney.co.uk
May 5, 2025 at 12:05 PM
Interesting question this week from a couple who want to be able to leave any unspent balances in their pension pot to a friend when they are both gone: www.thisismoney.co.uk/money/pensio...
HMRC's independent Administrative Burdens Advisory Board has just posted its annual report with recommendations on improving tax for small business www.gov.uk/government/p...
Administrative Burdens Advisory Board annual report 2024
The board's annual report that summarises its work with HMRC to improve tax administration for small businesses.
www.gov.uk
December 17, 2024 at 9:17 AM
HMRC's independent Administrative Burdens Advisory Board has just posted its annual report with recommendations on improving tax for small business www.gov.uk/government/p...
Reposted by Bill Dodwell
The declining pay of the cabinet secretary, from @ukcivilservant.bsky.social
Similar for the whole civil service, see chart
Time to do something about the interrelated problems of CS pay, grade inflation and staff churn
Similar for the whole civil service, see chart
Time to do something about the interrelated problems of CS pay, grade inflation and staff churn
November 17, 2024 at 9:14 PM
The declining pay of the cabinet secretary, from @ukcivilservant.bsky.social
Similar for the whole civil service, see chart
Time to do something about the interrelated problems of CS pay, grade inflation and staff churn
Similar for the whole civil service, see chart
Time to do something about the interrelated problems of CS pay, grade inflation and staff churn
Reposted by Bill Dodwell
With the help of my colleagues we've published a new briefing giving an overview of pensions in the UK, including key data on the new and old state pension and private (occupational and personal) pensions.
commonslibrary.parliament.uk/research-bri...
commonslibrary.parliament.uk/research-bri...
Pensions in the UK
This briefing gives an overview of pensions in the UK, including key data on the new and old state pension and private (occupational and personal) pensions
commonslibrary.parliament.uk
November 13, 2024 at 4:19 PM
With the help of my colleagues we've published a new briefing giving an overview of pensions in the UK, including key data on the new and old state pension and private (occupational and personal) pensions.
commonslibrary.parliament.uk/research-bri...
commonslibrary.parliament.uk/research-bri...
Reposted by Bill Dodwell
I made a starter pack of all the amazing @instituteforgov.bsky.social experts I could find on here, that you need in your feed! go.bsky.app/EQy9vx9
November 12, 2024 at 10:46 PM
I made a starter pack of all the amazing @instituteforgov.bsky.social experts I could find on here, that you need in your feed! go.bsky.app/EQy9vx9
Reposted by Bill Dodwell
I couldn't see an overall starter pack for FT journalists active on Bluesky. So given the recent influx of new people on here, I thought it'd be useful to make one.
Do shout out all the people I've inevitably missed and I'll update
go.bsky.app/FuqnwdD
Do shout out all the people I've inevitably missed and I'll update
go.bsky.app/FuqnwdD
November 12, 2024 at 7:10 PM
I couldn't see an overall starter pack for FT journalists active on Bluesky. So given the recent influx of new people on here, I thought it'd be useful to make one.
Do shout out all the people I've inevitably missed and I'll update
go.bsky.app/FuqnwdD
Do shout out all the people I've inevitably missed and I'll update
go.bsky.app/FuqnwdD
HMRC is seeking up to 10 people as independent advisors on 3 Board committees. The paid roles are 4-6 days annually and cover several different areas, including customer service, data and tax. Closing date is 24 November.
Closing the Tax Gap
apply-for-public-appointment.service.gov.uk/roles/8459
Closing the Tax Gap
apply-for-public-appointment.service.gov.uk/roles/8459
apply-for-public-appointment.service.gov.uk
November 12, 2024 at 9:46 AM
HMRC is seeking up to 10 people as independent advisors on 3 Board committees. The paid roles are 4-6 days annually and cover several different areas, including customer service, data and tax. Closing date is 24 November.
Closing the Tax Gap
apply-for-public-appointment.service.gov.uk/roles/8459
Closing the Tax Gap
apply-for-public-appointment.service.gov.uk/roles/8459
Reposted by Bill Dodwell
An unfortunate side effect of the Budget is the widening of one particular tax gap.
The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).
This could incentivise bogus self-employment, depriving the Treasury of revenue.
The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).
This could incentivise bogus self-employment, depriving the Treasury of revenue.
November 6, 2024 at 3:13 PM
An unfortunate side effect of the Budget is the widening of one particular tax gap.
The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).
This could incentivise bogus self-employment, depriving the Treasury of revenue.
The tax due on £50k of work is now £5k higher for an employee (at £15k) than a self-employed worker (at £10k).
This could incentivise bogus self-employment, depriving the Treasury of revenue.
Reposted by Bill Dodwell
My latest for This is Money - explaining what the Budget changes mean for pensions and IHT: www.thisismoney.co.uk/money/pensio...
Can spouses inherit pensions tax-free after the Budget? Steve Webb
If you are married and have unused defined contribution pensions when you die, does your spouse inherit the pension tax free, like the house, savings and so on?
www.thisismoney.co.uk
November 4, 2024 at 11:09 AM
My latest for This is Money - explaining what the Budget changes mean for pensions and IHT: www.thisismoney.co.uk/money/pensio...
Reposted by Bill Dodwell
An investment nation?
The welcome boost to public investment, reversing planned cuts set out by previous Government, means Public Sector Net Investment will average 2.6% of GDP over 5 years. This would be highest 5-year average since 1980-81, bringing UK close to the OECD average.
The welcome boost to public investment, reversing planned cuts set out by previous Government, means Public Sector Net Investment will average 2.6% of GDP over 5 years. This would be highest 5-year average since 1980-81, bringing UK close to the OECD average.
November 1, 2024 at 3:00 PM
An investment nation?
The welcome boost to public investment, reversing planned cuts set out by previous Government, means Public Sector Net Investment will average 2.6% of GDP over 5 years. This would be highest 5-year average since 1980-81, bringing UK close to the OECD average.
The welcome boost to public investment, reversing planned cuts set out by previous Government, means Public Sector Net Investment will average 2.6% of GDP over 5 years. This would be highest 5-year average since 1980-81, bringing UK close to the OECD average.
Reposted by Bill Dodwell
Reposted by Bill Dodwell
For new pensions people on BlueSky - welcome! Some ideas here for who to follow: go.bsky.app/VpP5UpD
October 6, 2024 at 5:56 PM
For new pensions people on BlueSky - welcome! Some ideas here for who to follow: go.bsky.app/VpP5UpD
Reposted by Bill Dodwell
Thoroughly enjoyed this interview with the prize-winning documentary maker Norma Percy which explains how her distinctive approach- of getting key players to big events talk to the camera - developed, and how she gets them to talk.
open.substack.com/pub/samf/p/a...?
open.substack.com/pub/samf/p/a...?
"Anybody worth interviewing says no at least three times"
A conversation with multi-award winning documentary maker Norma Percy
open.substack.com
October 2, 2024 at 7:54 AM
Thoroughly enjoyed this interview with the prize-winning documentary maker Norma Percy which explains how her distinctive approach- of getting key players to big events talk to the camera - developed, and how she gets them to talk.
open.substack.com/pub/samf/p/a...?
open.substack.com/pub/samf/p/a...?
Reposted by Bill Dodwell
Our new paper out today on the Chancellor’s Budget options on pension tax relief. We’re not convinced flat rate relief is on the table, but NI (at some rate) on employer contributions could well be: www.lcp.com/en/insights/...
LCP on point paper: Pensions, tax and the Budget
It is widely expected that the October 2024 Budget will include a mix of spending cuts and tax rises to improve the overall state of the public finances. In LCP's paper we examine how the Government c...
www.lcp.com
September 30, 2024 at 6:59 AM
Our new paper out today on the Chancellor’s Budget options on pension tax relief. We’re not convinced flat rate relief is on the table, but NI (at some rate) on employer contributions could well be: www.lcp.com/en/insights/...
The Chancellor announced yesterday that the tax minister, Exchequer Secretary James Murray will chair the board at HMRC to support implementing the government's priorities. www.gov.uk/government/n...
www.gov.uk
September 24, 2024 at 8:24 AM
The Chancellor announced yesterday that the tax minister, Exchequer Secretary James Murray will chair the board at HMRC to support implementing the government's priorities. www.gov.uk/government/n...
Reposted by Bill Dodwell
At 7.30pm on a Friday evening, DWP has just released it’s high level ‘impact assessment’ of the Winter Fuel Payment cut assets.publishing.service.gov.uk/media/66e479...
assets.publishing.service.gov.uk
September 13, 2024 at 6:30 PM
At 7.30pm on a Friday evening, DWP has just released it’s high level ‘impact assessment’ of the Winter Fuel Payment cut assets.publishing.service.gov.uk/media/66e479...
Reposted by Bill Dodwell
There is currently a large estimated ‘tax gap’ – totalling around £40 billion in 2022-23.
This suggests there is scope to reduce the 'tax gap', as the Government has proposed, and the small business Corporation Tax gap deserves particular scrutiny given its recent rise.
https://buff.ly/3zeH0IJ
This suggests there is scope to reduce the 'tax gap', as the Government has proposed, and the small business Corporation Tax gap deserves particular scrutiny given its recent rise.
https://buff.ly/3zeH0IJ
September 13, 2024 at 11:48 AM
There is currently a large estimated ‘tax gap’ – totalling around £40 billion in 2022-23.
This suggests there is scope to reduce the 'tax gap', as the Government has proposed, and the small business Corporation Tax gap deserves particular scrutiny given its recent rise.
https://buff.ly/3zeH0IJ
This suggests there is scope to reduce the 'tax gap', as the Government has proposed, and the small business Corporation Tax gap deserves particular scrutiny given its recent rise.
https://buff.ly/3zeH0IJ
Reposted by Bill Dodwell
We're pretty certain to see tax rises in the new Chancellor's budget - since the 1990s, taxes have gone up by an average of £21bn over the first two fiscal events after an election.
So what taxes should the Chancellor look at?
Read more in our latest report ➡️ https://buff.ly/3zeH0IJ
So what taxes should the Chancellor look at?
Read more in our latest report ➡️ https://buff.ly/3zeH0IJ
September 11, 2024 at 8:59 AM
We're pretty certain to see tax rises in the new Chancellor's budget - since the 1990s, taxes have gone up by an average of £21bn over the first two fiscal events after an election.
So what taxes should the Chancellor look at?
Read more in our latest report ➡️ https://buff.ly/3zeH0IJ
So what taxes should the Chancellor look at?
Read more in our latest report ➡️ https://buff.ly/3zeH0IJ
Reposted by Bill Dodwell
The Kyiv Independent will launch a travel show called “Dare to Ukraine.” In each of the six episodes, host Masha Lavrova will travel to six regions across the country to explore the local culture, architecture, food, popular activities, people, and everyday life.
Kyiv Independent to launch travel show 'Dare to Ukraine'
The Kyiv Independent will launch a travel show called “Dare to Ukraine.” In each of the six episodes, host Masha Lavrova will travel to six regions across the country to explore the local culture, arc...
kyivindependent.com
August 20, 2024 at 2:02 PM
The Kyiv Independent will launch a travel show called “Dare to Ukraine.” In each of the six episodes, host Masha Lavrova will travel to six regions across the country to explore the local culture, architecture, food, popular activities, people, and everyday life.
'Dare to Ukraine' - a new series exploring what it's like to visit Ukraine - from @kyivindependent.com www.youtube.com/watch?v=oYkR...
Dare to Ukraine | Lviv, the ultimate first stop to experience Ukraine
YouTube video by Kyiv Independent
www.youtube.com
September 3, 2024 at 2:47 PM
'Dare to Ukraine' - a new series exploring what it's like to visit Ukraine - from @kyivindependent.com www.youtube.com/watch?v=oYkR...
Reposted by Bill Dodwell
Latest post looks at the challenges facing the government’s defence review and the recurring dilemma of dealing with a challenging world with limited money. (£/free trial) open.substack.com/pub/samf/p/a...?
A shopfront military?
The challenge for Labour's defence review
open.substack.com
September 3, 2024 at 8:03 AM
Latest post looks at the challenges facing the government’s defence review and the recurring dilemma of dealing with a challenging world with limited money. (£/free trial) open.substack.com/pub/samf/p/a...?
Reposted by Bill Dodwell
Made a starter pack of tax & public finance people as I hadn’t seen one on here - mainly names from the other place. Welcome suggestions for additions! go.bsky.app/Lo4XHFc
August 30, 2024 at 4:03 PM
Made a starter pack of tax & public finance people as I hadn’t seen one on here - mainly names from the other place. Welcome suggestions for additions! go.bsky.app/Lo4XHFc
Reposted by Bill Dodwell
I’ve found out that DWP are waiting for over 1,800 ‘next of kin’ to reply to letters saying that underpaid state pension money may be owed. These letters arrive out of the blue, so people may be a bit suspicious but if they don’t reply, the govt keeps the money! inews.co.uk/inews-lifest...
Over 1,800 could miss 'pension goldmine' due to DWP letter - what you need to know
The Government has written to some people who may be owed state pension cash - but will only pay out if they respond
inews.co.uk
August 21, 2024 at 5:01 PM
I’ve found out that DWP are waiting for over 1,800 ‘next of kin’ to reply to letters saying that underpaid state pension money may be owed. These letters arrive out of the blue, so people may be a bit suspicious but if they don’t reply, the govt keeps the money! inews.co.uk/inews-lifest...
Reposted by Bill Dodwell
Personally, if I really wanted to use tax relief to boost inadequate (DC) savings pots, I’d be much bolder and switch to £-for-£ matching of the first slice of DC contributions!
August 20, 2024 at 6:06 AM
Personally, if I really wanted to use tax relief to boost inadequate (DC) savings pots, I’d be much bolder and switch to £-for-£ matching of the first slice of DC contributions!