Home \ Resources \ Latest Articles & Updates

Latest Articles & Updates

Taxing Times Apr 10

I am aware that the rules relating to tax relief on pension contributions is changing, can you describe exactly what is going to happen?

Money Matters Mar 10

Can my SIPP lend to my Business? I seem to recall that it is possible for a Pension to lend money to an employer. Is this correct? I have a SIPP which has a healthy value and my Company could do with a cash boost.

Taxing Times Mar 10

I received an email out of the blue the other day from HM Revenue & Customs saying that I am due a tax refund. It goes on to say that I need to complete a verification form and that I will then receive the refund within 5 – 9 business days. I am a little sceptical that this is genuine, what do you think?

Money Matters Feb 10

Business Savings Rates

My Business has a healthy cash balance in a Business Savings Account but the rate of interest is currently less than 1%pa. I do not want to invest the money but I do want a better return. I have thought about changing Banks but have been put off by an experience I had with my Personal Savings; I tried to open a new account to get a better rate but it took nearly two months and not long after the interest rate dropped and the whole exercise was pointless. Would you have any suggestions?

Taxing Times Feb 10

I have an employee who is quite senior in my business who has just handed in his notice. His notice period is 3 months. He is going to work for a competitor and so I am not keen on him continuing to work for me for obvious reasons. Can I ask him to leave now and will his 3 months notice salary be tax free?

Money Matters Jan 10

I am retiring in April and I have money available now which I could invest as a lump sum into my Personal Pension before I retire. Is this worthwhile?

Taxing Times Jan 10

I have recently been made redundant and I thought I would take this forced opportunity to start up my own business and I would like to know what I should be considering from the outset. Can you help?

Money Matters Dec 09

Are Annuities the only way?
I will retire next year and have a pension fund of approximately £290,000. I will take the maximum Lump Sum and use the balance to give my wife and I an income. What are my options? Do I have to buy an Annuity?

Taxing Times Dec 09

I run a Limited company and have 10 employees. Some of the staff are salesmen and so the company provides them with a company car to do their job. I need to replace two cars in the New Year and I would like to know what I should consider from a tax perspective?

Money Matters Nov 09

Tax relief for non tax payers
I stopped work 4 years ago after having our first child. My husband works for a large company and has a good Pension Scheme. I do not expect to return to work for at least 5 years and I am concerned that in the meantime I have no Pension for myself. Apart from child benefit and some savings interest I have no income. Am I allowed to pay in to a Pension or would an ISA be better?