Pension savers to get more freedom
The 2011 Finance Bill will give pension savers a greater degree of control over how they use their retirement pots. Under the draft laws, the… Read More »Pension savers to get more freedom
The 2011 Finance Bill will give pension savers a greater degree of control over how they use their retirement pots. Under the draft laws, the… Read More »Pension savers to get more freedom
We are not too downbeat about this year. n fact, we’d go as far as saying 2011 will be a year of growth. Why the optimism? Well, interest rates remain at an all time low and, increasingly, we are seeing evidence that the banks are starting to lend. We recently helped one of our clients secure a 100% Loan To Value £2m facility. Currently we are helping a company sell its business and it has already achieved the full asking price thanks to the support of the purchaser’s bank.
The government has been urged to clarify its plans for scrapping the default retirement age in order to avoid the risk of extra tribunal claims. The… Read More »Retirement age change needs rethink
The new standard rate of VAT could well become a permanent feature of the business landscape. The rate rose from 17.5 per cent to 20 per… Read More »New VAT rate could be a long-term measure
The question of family firms that split income between husbands and wives in order to reduce tax bills may come under the scrutiny of the Office… Read More »Government turns its eye to income splitting once more
The woes suffered by smaller enterprises in attempting to secure finance have been well documented. But 2011 may herald at least a partial easing of the credit… Read More »Business funding may get a boost
There isn’t much to cheer savers at the moment: rock bottom interest rates and stubbornly high inflation have combined to keep returns on funds at a puny… Read More »Savers get extra protection
At the same time as the 29 November Office of Budget Responsibility report the government announced details of some of the reforms to corporation tax.… Read More »Corporation tax reform
From 6 April 2011, tax relief for pension contributions is restricted. This new provision has an interesting history. The last government announced that tax relief… Read More »Pension changes from April 2011