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Viewing posts categorised under: Personal Accountancy

Pensions: not just for the over-50s!

Posted by Warr Co in Financial advice, Latest Updates, Personal Accountancy | 0 comments


How long do you have before retirement? How many pay cheques? Let’s say you’re planning to work for 20 more years before you retire, that’s only 240 pay cheques! Fewer than you thought, isn’t it?  

To Tax Or Not To Tax?

Posted by Warr Co in Financial advice, Latest Updates, Personal Accountancy | 0 comments


In the summer budget the Chancellor announced that from 6th April 2016 the tax credit on dividends would be replaced by a £5,000 tax free dividend allowance available to all. He went on to say that a dividend tax would also be introduced so that basic taxpayers would pay 7.5% tax, higher rate taxpayer would pay 32.5% tax, and additional rate taxpayers would pay 38.1% tax.  

Just For The Rich?

Posted by Warr Co in Business Accountancy, Personal Accountancy | 0 comments


Tax avoidance schemes have been around for many years, but until about 20 years ago these were used by rich individuals and large companies to shelter very large sums (typically £1m +) from the taxman. They were usually designed by the very large firms of accountants with the help of senior counsel and high fees were charged to participants, often over £100k.  

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