Umar Memon
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End of year tax planning
Have you thought about your new year’s resolutions yet? If not, why not start thinking about minimising your tax liability by making the most of the allowances and exemptions that are available? The end of the tax year will soon… Read more End of year tax planning
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Pricing strategies
The purpose of this guide is to highlight some of the more important considerations for small and medium-sized businesses planning to develop or revise their pricing strategies. A business might set or adjust prices at start up, when introducing a… Read more Pricing strategies
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Successful Retirement Planning
Many people spend time thinking about what retirement might look like financially, and this is particularly important now, especially given the uncertain state of the markets, the economy and interest rates. Pension funds have been depleted by higher tax charges,… Read more Successful Retirement Planning
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End of the Default Retirement Age – what now for older workers?
Last month marked the official end of the Default Retirement Age (DRA). The DRA has gradually been phased out from the start of April last year, and as of 5 October employers are no longer able to force employees to… Read more End of the Default Retirement Age – what now for older workers?
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Direct sellers become latest HMRC targets
Direct sellers, defined as selling directly to customers without the need of a shop, are the latest group to be targeted by the HMRC. The campaign aims to get those who may not have paid the right amount of tax… Read more Direct sellers become latest HMRC targets
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Tax relief at Christmas
As Christmas edges closer we take a look at the qualifying tax expenditure your business could take advantage of over the festive season: Christmas parties Christmas parties can be held with an exemption from tax and national insurance provided they… Read more Tax relief at Christmas
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Minimising your personal tax liability
No one wishes to pay more tax than is necessary and good tax planning is an essential component in personal financial planning. Everyone’s situation is different, and tax rates, allowances and legislation change every year. Without personal tax planning, you… Read more Minimising your personal tax liability
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Real Time Information (RTI) – are you ready?
Real Time Information (RTI) is a new system being introduced in April 2013 by HM Revenue & Customs (HMRC) for the reporting of payroll information, which will effectively require employers and pension providers to provide detailed information to HMRC every… Read more Real Time Information (RTI) – are you ready?
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The big pensions shake-up – is it time for a review?
Planning for retirement is always important, but with big changes happening this month regarding pensions in the UK, and more possibly afoot in the future, now is a particularly good time to consider or review your retirement plans. What’s happening?… Read more The big pensions shake-up – is it time for a review?
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A new Business Bank for small and medium sized businesses
The Government has launched various finance schemes in the last couple of years aiming to tackle the ongoing difficulties small businesses face when accessing finance. Last month, it announced a new £1 billion Government-backed business bank to bring together the… Read more A new Business Bank for small and medium sized businesses