The dust hasn’t really settled yet after the Brexit vote – certainly not as far as pensions are concerned. As ever, there are very different scenarios depending on whether people are near retirement or a long way from it. Continue reading →
If you owe tax and can’t pay it, you need to establish a debt management regime to achieve a payment plan that you can manage. If possible, talk to an expert advisor who understands how the system works, knows HMRC’s operating procedures and has substantial experience of advising people in your position. HMRC has an entire section called the Debt Management and Banking department (DMB), and a professional will know exactly how this department works, and how to approach them. Continue reading →
Many erroneously believe that loans are a last resort for those struggling to cover their monthly costs. They shy away from approaching lenders, frightened of spiralling interest and indebtedness, and in doing so limit their own financial futures. Continue reading →
As a money blogger, I tend to get asked a lot of questions about money. Some financially focused queries land in my inbox, some are sent over social media, and others are fired at me while sitting in the hot seat of a live TV interview.
From long-established businesses to new start-ups, maintaining and expanding your business is a time-consuming and often stressful occupation. If you have the drive and commitment to your business as well as a good head on your shoulders and a sensible budget for the company, you have all the necessary starting ingredients for the future. Unfortunately, it can be a little harder to practically set this plan in motion, particularly if you are busy providing your own services to your client base. Continue reading →