The 4% rule: How much should I spend in retirement?
When planning for retirement, it is all about trying to set aside sufficient funds to use in retirement whilst still leaving sufficient funds available to pay for everyday life and specific events that could occur. The 4% rule is a simple way to help you to manage your accumulated pension funds.
Interest rates raised to 4%
Yesterday, The Bank of England (BoE) raised UK interest rates by a further half percentage point to 4%.
HMRC launch a new campaign targeting those who sell goods or services online for profit
The new campaign of nudge letters is aimed at individuals who have sold goods or services through online platforms or created content on digital platforms.
Upper Tribunal decision on VAT rates for confectionery
WM Morrisons Supermarkets PLC (Morrisons), recently appealed the first-tier tribunal decision in relation to the VAT treatment of Nakd bars and Organix bars.
The perfect vehicle for entrepreneurs seeking a social purpose
Covid has led to many entrepreneurs seeking to focus their efforts on a social purpose. Community Interest Companies are a great vehicle for them to do just that says Charity specialist Kyle Smith.
Resolve to protect your financial wellbeing
Protecting your financial wellbeing is every bit as important as taking measures to improve your physical health, says Robin Carnaby of Lovewell Blake Financial Planning.
Interest rates and inflation
After more than a decade of record low interest rates – 2022 was marked by rapidly rising rates as the Bank of England (BoE) intervened to tackle soaring inflation.
Corporation Tax – potential ways to reduce taxable profits for business owners
On 14 October 2022, the then Prime Minister Liz Truss U-turned on her government’s previous promise to cancel the scheduled rise in corporation tax from 19% to 25%, effective from 1 April 2023.