Umar Memon
-
UK Residence – new statutory test proposed from April 2012
It surprises many people arriving in the UK, or leaving to go abroad, that UK tax residence status is not currently defined by legislation, but hinges on the interpretations of various legal cases, most of which happened decades ago when… Read more UK Residence – new statutory test proposed from April 2012
-
Effective sales planning
The ability to predict realistic sales levels is essential for a business. Not only does it enable you to identify and deal with any possible cashflow issues, it also makes it easier to plan for growth, to exploit openings in… Read more Effective sales planning
-
Interest rates remain at record lows – how could you make the most of your savings?
Interest rates remain at 0.5 per cent and as the economy remains sluggish, there are no signs of an increase on the cards. But while interest rates remain at rock bottom, how could you make the most of your savings.… Read more Interest rates remain at record lows – how could you make the most of your savings?
-
Are you saving enough for your retirement?
The latest Pension Trends survey from the Office for National Statistics (ONS) reports that the recession caused pension contributions to tumble. Meanwhile, life expectancy continues to grow, and the state pension age is creeping up as a result. The longer… Read more Are you saving enough for your retirement?
-
Keeping on top of your debtors
When businesses run into cash flow difficulties, delaying payments to suppliers can become a problem. Make sure you keep on top of your debtors, and your cashflow by implementing a debt collection policy. An example of a typical debt collection… Read more Keeping on top of your debtors
-
Self-assessment tax return reminder
The self-assessment tax return deadline is approaching. The paper filing deadline is 31 October 2011, while online returns can be filed until 31 January 2012. New penalties have been launched for 2010/11 tax returns, which make filing on time more… Read more Self-assessment tax return reminder
-
Successful retirement planning
Many people spend time thinking about what retirement might look like financially, and this is particularly important now, especially given the current state of the markets, the economy and interest rates. Pension funds have been depleted by higher tax charges,… Read more Successful retirement planning
-
Does The Bribery Act Affect You?
The Bribery Act 2010 came into force on the 1st July 2011 making it a criminal offence for an individual or commercial organisation to offer or receive a bribe to bring about or reward the improper performance of a function… Read more Does The Bribery Act Affect You?
-
New rules may give SMEs easier access to equity funding
The Government has brought forward two changes in the law to help smaller firms gain access to equity finance. The changes mean that fewer small firms will be caught up in the prospectus regime. SMEs can now raise equity finance… Read more New rules may give SMEs easier access to equity funding
-
Employers to get online help with new pension rules
The Pensions Regulator has issued guidelines for employers on how to deal with the upcoming new mandatory workplace pension scheme. Under the scheme, which rolls out between October 2012 and September 2016, all employers will eventually be required to automatically… Read more Employers to get online help with new pension rules