Bournemouth Accountants and Financial Advisers News, Ward Goodman Chartered Accountants

What a carry on – SME bosses shun retirement and keep working

Posted under Tax Briefs, Ward Goodman News.

Decision-makers from just under three-quarters of UK small and medium-sized enterprises (SMEs) are planning to work past the current state retirement age, with more than a third intent on working well into their seventies. These are just two of the findings from the latest ‘Future Attitudes’ report from Aldermore, the challenger bank. The report surveyed…

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The Spring Statement Summary

Posted under Tax Briefs, Ward Goodman News.

After two full Budgets in 2017, this Spring Statement was a less dramatic affair, with no announcements of tax changes. These will come in the Autumn Budget. The Chancellor launched a number of consultations and other papers about future proposals. The subjects ranged from ways to squeeze more tax from international digital businesses to a…

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Self-assessment deadline passes

Posted under Tax Briefs.

Are you are one of the 745,000 to file their tax returns for 2016/17, including 30,348 who submitted in the final hour. A record 10.7 million taxpayers submitted their tax returns for 2016/17 by the 31 January deadline, but despite this around 745,000 self-assessment returns are still outstanding. If you left it late this year…

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Pensions auto-enrolment age drops as contributions increase

Posted under Tax Briefs.

Employees aged 18 to 21 who earn more than £10,000 should join the auto-enrolment pension system, according to a recent government review.  The change would affect about 900,000 young people, with the government aiming to reduce the minimum enrolment age to 18 by the mid-2020s.Currently, staff are eligible for auto-enrolment into their employer’s workplace pension…

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