Financial Update

Pearson May weekly financial round-up

October 26, 2017
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Pearson May weekly financial round-up

Each week Bath Business News and Pearson May bring you the top national finance stories. Online traders add £11bn to UK exports Business is booming for SMEs trading on Amazon or eBay. Read the full story here Childcare gap for parents of one year olds Costs skyrocket before child’s second birthday. Read the full...

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Pearson May Financial Update: Tax liabilities of jointly owned assets

October 22, 2017
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Pearson May Financial Update: Tax liabilities of jointly owned assets

Do you own assets such as property or shares in joint names or hold joint bank accounts? Most commonly this will be with your spouse or civil partner, but it may be outside of marriage with a long-term partner, sibling or parent, for example. Have you considered how the ownership of such assets affects...

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Pearson May weekly financial round-up

October 12, 2017
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Pearson May weekly financial round-up

Each week Bath Business News and Pearson May bring you the top national finance stories. Self-employed over-65s earning more 'Silver self-employed’ workers earning almost £40,000 a year on average. Read the full story here Tax break for festive office party Employers can claim £150 per head towards the Christmas party. Read the full story...

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Pearson May weekly financial round-up

September 28, 2017
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Pearson May weekly financial round-up

Each week Bath Business News and Pearson May bring you the top national finance stories. Registering for self-assessment Deadline to register for self-assessment is 5 October 2017. Read the full story here SME owners ‘unprepared for the GDPR’ Just 9% of small businesses have started GDPR preparations. Read the full story here     ...

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Pearson May weekly financial round-up

September 14, 2017
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Pearson May weekly financial round-up

Each week Bath Business News and Pearson May bring you the top national finance stories. Savers turn their backs on cash ISAs Money saved into cash ISAs fell by £19.5bn in 2016/17. Read the full story here Turning to pension savings to fund start-ups Older entrepreneurs consider accessing pension pots to fund a business....

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Pearson May Financial Update: Have you declared all your overseas income to the taxman?

September 6, 2017
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Pearson May Financial Update: Have you declared all your overseas income to the taxman?

If you have money or other assets abroad you could owe tax in the UK. This is the message being sent out by H M Revenue and Customs (HMRC) and they are urging people to ensure that their tax affairs are up to date before a tough new approach comes into force, writes Pearson...

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Pearson May weekly financial round-up

September 1, 2017
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Pearson May weekly financial round-up

Each week Bath Business News and Pearson May bring you the top national finance stories. Businesses under pressure as costs soar  Firms feel the pinch from auto-enrolment and national living wage hike. Read the full story here Homeowners find it tough to make second move ‘Second steppers’ face bigger challenge than first-time buyers. Read...

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Pearson May weekly financial round-up

August 17, 2017
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Pearson May weekly financial round-up

Each week Bath Business News and Pearson May bring you the top national finance stories. Firms continuing with MTD planning Is your business preparing for the new era of digital accounts? Read the full story here Retirement and the state pension Changes to the state pension age and the impact on retirement. Read the...

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Pearson May Financial Update: The Let Property Campaign and undeclared lettings income

August 4, 2017
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Pearson May Financial Update: The Let Property Campaign and undeclared lettings income

HM Revenue and Customs (HMRC) introduced the Let Property Campaign over three years ago. At that time, it was expected to last 18 months. However, no end date has been set, writes Pearson May partner Nick Oliver.   Campaigns such as the Let Property Campaign generate revenue quickly and ensure future tax for HMRC...

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Pearson May weekly financial round-up

August 3, 2017
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Pearson May weekly financial round-up

Each week Bath Business News and Pearson May bring you the top national finance stories.  HMRC overtaxing savers on pension withdrawals Savers largely unaware of tax on one-off withdrawals, claims report. Read the full story here Cash payment limits for high value dealers New limits on cash payments for high value dealers. Read the...

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