The Treasury has confirmed that the minimum age for private pension withdrawals will increase from 55 to 57 in 2028. Pension reforms made under Chancellor George Osborne meant private savers could access their savings pots before State Pension retirement age. At the time it was intended that the age restriction should be linked to be ten […]
Read MoreMonth: September 2020
Rishi urged to rethink Furlough Scheme
Chancellor Rishi Sunak is being urged to ‘carefully consider’ extensions to the Coronavirus Job Retention Scheme (CJRS) or Furlough Scheme before it closes in October. As part of an inquiry into the impact of Coronavirus, a Treasury Select Committee warned of mass unemployment if there was no extension beyond 31st October. From 1st October, employers […]
Read MoreLooking at Finance? Something you may have missed….
As many of our clients are aware, we offer access to Fluidly Lite, the 90 day cash flow forecasting tool, as part of our normal package. There is no extra charge for this, and it bolts on to your Xero or Quickbooks system. We provide it because we think it’s a great tool, but now […]
Read MoreHMRC letters worry Business Owners…
We’ve mentioned already that HMRC are going to be looking into claims made under the Furlough Scheme, most recently when Jim Harra appeared before the Public Accounts Committee. During that appearance, HMRC explained that they believe 5-10% of claims made under the scheme were wrong or fraudulent. HMRC has identified 27,000 CJRS claims where something […]
Read MoreNew Grants for Local Lockdowns
As Coronavirus restrictions in some areas are tightened beyond the new ‘Rule of Six’ announced last week, new grants are available for affected businesses. Under new rules, affected businesses will be eligible for grants to go towards their loss of earnings. Businesses in England that have to close as a result of local lockdowns or […]
Read MoreThe Diderot Effect – making the social phenomenon work for you!
What’s the Diderot Effect, and what impact could it have to a 21st Century business? It’s all in this week’s video! Denis Diderot was an 18th Century philosopher, but his experiences are still relevant to our own lives, and to those of our customers and clients today. It’s our job to take the Diderot Effect […]
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