Financial and Tax Insights

5 Key Indicators of a Good Exit Strategy

Your exit strategy may provide for sale within the next 5 or 25 years, a sale may be imminent, or you may want to pass your business on to your children. But whatever stage you’re at, are you confident that your exit strategy will pass muster?

Unless you’re a serial entrepreneur (and possibly even

So, you think you’re too young for personal pension planning

But what’s the long term effect of losing those early year contributions?

In your 20s and 30s, retirement age seems a long way off. A house purchase, holidays in the sun and maybe even school fees all take priority over family finances and personal pension planning can easily get pushed to the

Is it sensible to prepare my own tax return?

Doing your own tax return might seem like a straightforward process that could save you in accountancy fees and won’t take you long. But it isn’t, and it could cost you dear. So if you’re still tempted to do it yourself this year, it’s worth asking yourself the following questions:

How simple are

What Is Your Marginal Tax Rate and Does it Matter?

You’re probably more than a little familiar with your personal tax allowance and tax band. But a survey in 2015 by the International Longevity Centre UK think-tank, revealed that a shockingly high proportion of people don’t understand fairly commonplace tax terminology, with only 20% understanding

Buying your first home – the Help to Buy ISA

It’s fast becoming the impossible dream for some. Getting your foot on the property ladder or perhaps helping your children to do so is becoming a real financial stretch, particularly with all the other demands on your budget. Just saving fo the deposit is bad enough, let alone securing a mortgage

An ISA a year

Who doesn’t want something tax free? Individual Saving Accounts (ISAs) offer you exactly that: a chance to earn interest on your savings free of tax, even if you’re a higher rate taxpayer. But few people take full advantage of what ISAs can really offer.

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ISA limits

Each year, you get an ISA

How to have a Really Bad Tax Investigation

So you’re the subject of a tax inquiry. Suddenly those folks at HMRC who hitherto have been almost impossible to get hold of, are breathing down your neck and showing a vigour and enthusiasm about your affairs that’s making you very uncomfortable. But a ‘tax inquiry’ can’t be too bad, you think to

So you’ve received “the letter” from HMRC announcing a tax inquiry.

What do you do next?

The brown envelope is sitting on your desk and the letter inside has just informed you that you’re the subject of an HMRC tax inquiry. The chances are the bottom may have just fallen out of your stomach and you may be tempted by all sorts of reactions which may or may not

Company cars and fuel tax Your at a glance guide

With ever-increasing car road tax rates and the squeeze on diesel, you could be forgiven for thinking the government hates cars. And with what feels like an increasingly complex company car tax regime, it’s not always easy to weigh up your best company motoring options.

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How the regime works

The

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