Umar Memon
-
Autumn Statement 2014
Introduction The Chancellor George Osborne delivered his final Autumn Statement of this Parliament amid ongoing economic uncertainty. The key indicators paint an unclear picture. The UK economy is now expected to grow faster in 2014 than any other developed economy… Read more Autumn Statement 2014
-
Holiday pay should include overtime, tribunal rules
Thousands of businesses are facing additional costs after a tribunal ruled that overtime should be included in holiday pay calculations. The Employment Appeal Tribunal (EAT) ruled that employers must factor in overtime when calculating holiday pay, instead of only taking… Read more Holiday pay should include overtime, tribunal rules
-
Employment Allowance benefits businesses
More than 850,000 businesses have benefited from the Employment Allowance in the scheme’s first 6 months, official figures have revealed. The Employment Allowance reduces the national insurance contributions (NICs) bill for eligible employers, who can claim a class 1 secondary… Read more Employment Allowance benefits businesses
-
Tax and your business
This guide is intended to help unincorporated business owners with their tax planning Individuals pay tax on the profits of their unincorporated business at income tax rates ranging from 20% to 45%. In addition, there is a liability to class… Read more Tax and your business
-
Retirement planning
Have you considered what your retirement might look like financially? It’s important to think about what you want to do and achieve in your retired years. We can then help you understand how much you need to save to secure… Read more Retirement planning
-
Small firms fuel economic growth
More than a third of economic growth in 2013 was created by high growth small businesses (HGSBs), a report by Octopus Investments and the Centre for Economics and Business Research (Cebr) has found. HGSBs are firms that have recorded annual… Read more Small firms fuel economic growth
-
What a relief, your pension needn’t be taxing
From April 2015, over 55’s will have far more flexibility in access to their pension pots. The Taxation of Pensions Bill has been published, and will soon be on the statute books. This reform is the most significant of all… Read more What a relief, your pension needn’t be taxing
-
Your Money: Bill introduces lump sum pension reforms
Details of changes to tax rules that will allow over 55s to access their defined contribution pension pots with more flexibility from April 2015, have been published in the Taxation of Pensions Bill. Under current rules, savers can take 25%… Read more Your Money: Bill introduces lump sum pension reforms
-
SME costs rise above inflation
The cost of doing business has continued to rise in 2014 despite the falling rate of inflation, research from the Forum of Private Business (FPB) has found. The survey reveals that prices for micro, small and medium-sized businesses have risen… Read more SME costs rise above inflation
-
Middle-market firms consider reshoring
A quarter of middle-market firms in the UK are considering bringing back some business activities to the UK over the next 3 years, a study by GE Capital and Warwick Business School has found. The research found that 26% of… Read more Middle-market firms consider reshoring