by Paul Whyatt | Feb 18, 2020 | News, Other Insights
Pensions scams can be devastating. Last year the average victim lost £82,000. For some, that’s their entire lifesavings. They can happen to anyone. Research shows up to five million savers are in danger of falling for one of the most common scam tactics. To help...
by Paul Whyatt | Nov 29, 2019 | Other Insights, Personal Tax, Taxation
Dividends can sometimes be difficult to understand. Many SME business owners worry about whether they can pay themselves a dividend, how to go about it and when will the dividend be taxed. It’s certainly possible to get things wrong and then find that a...
by Paul Whyatt | Oct 30, 2019 | Business Advice, Other Insights
I’m frequently surprised by how many people are unaware that the term ‘Accountant’ isn’t legally protected – anybody can call themselves an accountant without any training or experience. Buy some book-keeping and tax software, get a website and start to market...
by Paul Whyatt | Oct 30, 2019 | Business Advice, Other Insights, Personal Tax, Taxation
For many SME businesses, tax can be such a headache that their business suffers. Here are some of the common mistakes you should avoid. 1. Not hiring a qualified chartered accountant This is a costly mistake for any business owner. There isn’t a more effective...
by Paul Whyatt | Jan 21, 2019 | Business Advice, News, Other Insights
If you have a workplace pension, then you may receive communication from your pension provider informing you of the upcoming changes to minimum contribution rates, effective from April 2019. Currently (2018/19), the total minimum contributions are 5%, with the...
