Monthly Archives: April 2024
What Are the Tax Implications of a Director’s Loan Account?
While there are encouraging signs that the UK economy is recovering, there may still be some challenges ahead in the next few months. In these difficult times, many directors will look towards their director’s loan accounts as a form of emergency income as and when required. This is one of the benefits of a limited […]
Posted in Financial Planning
Investments, Income and Reducing Your Tax Bill
As night follows day, come the end of March and beginning of April each year, you will see many investors busy reorganising their investments, looking to reduce their tax liabilities. While you can take numerous actions in isolation, in many ways, it is the long term cumulative impact that is most important. We will now […]
Posted in Investments
The Benefits of Executive Income Protection
While there are several benefits to executive income protection insurance, many businesses are forced to balance the cost against the potential financial advantages. The keyword here is “potential”, which can sow the seeds of doubt about the full benefits. It is, therefore, no surprise to learn that many businesses are not covered by what can […]
Posted in Corporate Services, Insurance
Why Are US Style 30-Year Fixed-Rate Mortgages Not Commonplace in the UK?
The US and UK mortgage markets are well-developed but vary significantly. For example, US mortgage funding in 2021 hit $4.4 trillion, while UK mortgage funding was just over £315 billion. So even though both markets are incredibly liquid, they each have different characteristics. Full-term fixed-rate mortgages are more prevalent in the US, while the UK […]
Posted in Mortgage