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Category: financial planning & Uncategorized
After an initial dash for cash following the introduction of pension freedoms in April 2015, customers are taking more time to consider their options, according to a Scottish Widows reported published on the 1st June 2015. From the initial surge at the beginning of April until the middle of May, Scottish Widows has seen a 72% drop in full pension encashment requests.
Category: Budget & financial planning & Uncategorized
George Osborne will deliver the second Budget of 2015 on Wednesday, July 8th, just two months â almost to the day â after the Conservatives secured an outright majority in the General Election.
Category: financial planning & Uncategorized
Whilst the summer brings bright evenings and warm weather, it can also be a very expensive time of year. Handy tips to help you save money whilst the sun is shining (hopefully) are always welcome, as even the smallest savings can build up to give you a little extra cash at the end of each month.
Category: Business & Tax & Uncategorized
More than half of FTSE 100 companies now disclose information about their approach to tax, a PricewaterhouseCoopers (PwC) June 2015 report shows. The analysis of annual reports, corporate websites and other social responsibility reports, reveals a steady increase in tax transparency across big business. In 2012, just 32 firms in the FTSE 100 provided information on issues such as their attitude to tax planning and relationships with tax authorities. The number jumped to 49 in 2013, and has now risen to 56, according to the most recent 2014 data.
Category: Business & Economy & Managment & Uncategorized
CEOs worldwide appear to be more concerned about the impact of a skills shortage on their business than at any point in the last six years, according to research by PwC, published in June 2015. CEOs are now finding it so difficult to find people with the skills they need to grow their business that three quarters of the 1,322 CEOs across 77 countries interviewed by PwC, rank skills shortage as the biggest threat to their business. This represents a 10 percentage point jump from 2014 and is up from less than half (46%) six years ago.
Category: Tax & Uncategorized
The Low Incomes Tax Reform Group (LITRG) have reissued their guide for taxpayers who receive tax calculation letters from HMRC. HMRC gave notice on the 8th June that they have started the âreconciliation processâ of sending letters over the next four months, completing the process in October, to employed taxpayers and pensioners who have either overpaid or underpaid tax in the 2014-15 tax year.
