Umar Memon
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Estate Planning
A guide to making sure that your estate goes to the right people when you die. Effective estate planning ensures that your property and/or possessions go to the people you choose when you die. It can also be financially beneficial… Read more Estate Planning
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Business announcements from Budget 2016
Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some of the headline measures relating to businesses announced in the Budget include: Corporation tax – the rate… Read more Business announcements from Budget 2016
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National living wage: employer responsibilities
Employers must now pay workers over the age of 25 at least £7.20 an hour. The national living wage (NLW) replaces the current national minimum wage (NMW) of £6.70 an hour for people who are 25 or over. This is… Read more National living wage: employer responsibilities
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150,000 secure home ownership from Help to Buy
More than 150,000 people have bought a home using the Help to Buy Scheme since its launch in 2013. The mortgage guarantee scheme, which allows lenders to buy a guarantee on mortgage loans, has proved popular with first-time buyers. The… Read more 150,000 secure home ownership from Help to Buy
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Lack of management skills limit business growth
A lack of leadership and management skills may be inhibiting the growth of businesses. Just under half of new start-ups in the UK last less than 3 years. The UK also has a growing productivity gap, currently 18% below the… Read more Lack of management skills limit business growth
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Personal tax planning
A guide to reducing an individual’s tax liability. The overriding aim of all personal tax planning is to legally reduce the amount of tax paid on an individual’s income. This income can come from a number of sources and the… Read more Personal tax planning
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Succession planning for a family business
A guide to transferring a business to a family member. There are more than 3 million family businesses in the UK, which between them employ more than 9 million people and contribute 15% to GDP. Despite these successes, family businesses… Read more Succession planning for a family business
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2016 Budget Surprises
I am delighted to be able to announce that as of 1st April 2016 Tor Stringfellow, our Senior Manager, will be appointed a Partner here at Jack Ross. Tor has been with us for 3 years and will already be… Read more 2016 Budget Surprises
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“Real test” for auto-enrolment ahead
Auto-enrolment has been a success for larger employers, but the “real test” lied ahead as smaller employers begin to enrol their employees, a report by the Public Accounts Committee has concluded. 1.8 million smaller employers will soon begin the process,… Read more “Real test” for auto-enrolment ahead
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Self-employed workforce continues to grow
The number of people choosing to become self-employed has continued to grow, making up 15% of the total workforce. Now numbering a record 4.6 million, the self-employed population has increased by 80,000 since 2008. The analysis by the Department of… Read more Self-employed workforce continues to grow