Friend or Foe?

Well actually, neither. As most business people can appreciate maintaining a professional relationship between service provider and client is important. This relationship is emphasised in the world of accounting where professionalism and integrity form a large part of the services provided as a result of legislation across the profession. However, it is not uncommon for … Continue reading Friend or Foe?

How Pension Planning Can Help Retain Child Benefit And Save Inheritance Tax

If you or your spouse/partner has an income between £50,000 and £60,000, your child benefit is clawed back at the rate of 1% for every £100, and for those earning above this, the claw back equals the whole amount of the benefit received. By making additional pension contributions, you could retain child benefits. For example, … Continue reading How Pension Planning Can Help Retain Child Benefit And Save Inheritance Tax