Armstrong Watson is delighted to announce that Penrith-based Senior Financial Planning Manager, Justin Rourke, has been promoted to Financial Planning Director - Head of Advice.
Higher costs of borrowing – as a result of the Bank of England’s decision to raise interest rates to 4.5% - will make it more expensive for businesses to finance their operations but steps can be taken to try to mitigate the impact.
Being frank about your finances is important in any relationship. But cohabiting couples in particular, who do not have the same legal protections as those who are married or in civil partnerships, need to know where they stand should one of them die or the relationship break down.
As a company director, it is often thought that you have few statutory entitlements in insolvency. With a bit of forethought however, you will be entitled to the same rights as your employees.
It has been widely reported that the Chancellor, Jeremy Hunt, will unveil plans to simplify the tax system, but will we just see procedural tweaks or the major changes the system really needs? Head of Tax, Becky Bowness, and Senior Tax Partner, Jim Meakin, summarise their thoughts and outline the more radical changes they’d like to see...
If you thought inheritance tax was now simply for extremely wealthy people to worry about, think again. Rising property prices have meant more estates than ever are likely to face an inheritance tax bill.
With the reduction in BPS payments now really starting to be seen, almost all farming businesses are trying to work out how they can look to fill this void.
Although sole traders and landlords now have a further two years before they will be required to keep digital records and report these to HMRC, it may help further down the line if they start to prepare and familiarise themselves with the new process.