October Market Commentary

Well, we’re still here. Despite the seemingly best efforts of the leaders of the United States and North Korea – the world is still turning. But September was a month of ‘another day, another North Korean rocket flying over Japan’ and it ended with Kim Jong-un threatening to explode a nuclear bomb over the Pacific. Small wonder that South Korea …

Businesses hit by rising employment costs

Recent statistics from the British Chambers of Commerce (BCC) show that changes to employment legislation has resulted in four out of five UK businesses experiencing rising costs. The data comes from the BCC’s annual workforce survey, created from interviewing approximately 1,400 businesses. Looking at the causes of businesses increasing costs, 75% …

Don’t get caught out by the lifetime allowance rule change

The total tax paid by those exceeding their lifetime pension allowance amounted to £36 million in 2014/15, climbing steeply from £20 million in 2014/15 and equating to an 80% rise. The figure has climbed in recent years from £12 million in 2012/13 to £19 million in 2013/14 and up again to £20 million in the following year. The increased revenue …