HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREMillions of workers set to face 'life-changing' retirement shortfalls
Millions of workers are set to face ‘life changing retirement shortfalls’ as lower growth forecasts could wipe a third off pension pot values, warns Interactive Investor (II) and Lane Clark & Peacock (LCP).
The 19-page report called 'Is 12% the new 8%?' published by II and LCP, says that around 10m workers in defined contribution schemes, where the saver bears all the investment risk themselves, could be heading towards a serious shortfall in projected pension income when they retire if they don’t boost their average contribution.
Read more at Accountancy Daily.
Previous
Protect your company from corporate identity theft
Next
The UK is losing the fight on money laundering, but we can still win – if we want
A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
READ MORE
With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
READ MORE