More Personal finance news

The wasp and the Bee

Michael Kennedy
Did you know that only female wasps have a sting? Well the Government knows all about that right now, because a women’s pensions group - Women Against State Pension Inequality (Waspi) – are stinging them over the ongoing rise in the state pension age for women.

When the taxman comes calling

Feargal McCormack
QUESTION: I was reading over Christmas that HMRC are embracing technology more and more to risk assess taxpayers and help identify those taxpayers who have undeclared their income.

Noisy trumpety Trump

Peter McGahan
I KIND of hoped January 1 would have a new morning with new leaders in charge of this financial world.

R&D research can yield tax rewards

Janette Burns
QUESTION: My company is currently carrying out some research into a new process which we hope will enhance our product range significantly.

Bitcoin - where will it all end?

Peter McGahan
WE covered the Bitcoin issue three weeks ago, and despite me saying it could get to $20,000, I didn’t think it would be that quick (it was $7,200 at the time).

A Christmas party can be both rewarding and tax efficient

Janette Burns
QUESTION: Can I give my staff a tax free cash bonus before Christmas to reward them for all their hard work this year? ANSWER: If you decide to reward your staff with cash bonuses this Christmas, then this payment will need to be taxed at source through your payroll system as it will be subject to tax and national insurance.

What does the Budget mean for my family business?

Paddy Harty
QUESTION: Following Philip Hammond’s Budget last Wednesday, what are the main points I need to be aware of for my family business? ANSWER: The Chancellor noted that whilst there are lots of challenges in the economy, it is not all doom and gloom.

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