More on compulsory workplace pensions
The Compulsory Workplace Pension (CWP) which the Government is introducing, is a good way of ensuring we can afford retirement…..and allowing the Government to relieve “pension pressure”. You can opt out if you like, but you will missing out on an opportunity to help yourself. Here’s why; – everytime you put money in your CWP, […]Read More
Compulsory workplace pensions
Starting from October 2012, employers will enrol workers into a workplace pension. When you pay into your pension, your employer and the government will contribute too. I previously lived in Australia where they have had this system for some years. The Australian experience shows that this works and is a step in the right direction. I […]Read More
New financial product – “MIDIs”
Not another one !. A new financial product !. I haven’t met one person who fully understands all the financial products and risk tools that exist in the maze called “the finance world”. So here us another newie to add to the maze. It is called “MIDIs”. “MINIs” are a form of warrant. That is […]Read More
ISA accounts. A genuine tax break !.
What if I told you that you can earn interest and pay no tax on it ? Would you believe it is possible ? It is !. WHAT IS AN ISA ? – ISA’s are “individual savings accounts”. When you invest up to £5,340 pounds in them, the interest earned is tax free !. (you […]Read More
Tax on UK Pensions. What age is it tax free ?
I was recently asked about tax advice regarding UK pensions… Under current legislation, the minimum age from which you are able to draw funds from a UK Pension Scheme is 55. As a result you will not be able to you access any of your Pension Funds until you reach 55. Talk to your pension […]Read More
Peter Hall provides tax, accounting, payroll, business and administration services & advice. We have accumulated 35 years experience in banking, tax and accounting. We also offer administration services to Charities. You can keep contact with us by Skype, or FaceTime if you are an apple user if urgent issues arise. We also has an agent code with HMRC for […]Read More