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Pensions – Are you saving enough?

It’s estimated that one in four people in work do not pay into a pension, in addition to those who are self-employed and in the gig economy.

In ITV’s ‘Tonight Show’ (Thursday 9^th May) poll of 2,000 people, 60% of respondents did not know how much was in their pension pot and when asked how much you need in a personal pension pot to generate £9,000 a year when you retire, a figure of approximately £350,000 came as a big surprise to most people.

Planning your legacy

Unforeseen life events and circumstances can potentially impact your finances in a number of ways. Believe it or not, you have an estate. In fact, nearly everyone does.

Your estate is comprised of everything you own – your car, home, savings accounts, investments, life insurance, furniture, personal possessions – the list goes on. No matter how large or how modest, everyone has an estate and therefore shares something in common – you can’t take it with you when you die.

Payroll for Holiday and Caravan Parks

Article first published in Holiday Parks Management June issue 2019.

Figured, smart, simple, powerful farm financial software App for Xero

Armstrong Watson is proud to announce a strategic partnership with Figured, the leading financial software company in the agricultural sector; a key addition to their cloud accounting proposition. Armstrong Watson are positioned as Agri and Farming sector leaders with offices throughout Cumbria, the North East, Scotland and Yorkshire. Armstrong Watson is recognised as a leading Xero Platinum Partner being awarded Xero Partner of the Year 2017.

Potential Tax Increase on Dividend Payouts

The government lowered the dividend tax band from £5,000 to £2,000 in the March 2017 budget which could lead to more people having to fill in a tax return where they previously did not have to.

Becoming a Partner in a Law Firm: Skills and Responsibilities

I was interviewed recently by LawFirmAmbition about the most common questions surrounding the topic of becoming a partner in a law firm. The questions below focus on the necesary skills needed to be an effective partner as well as the levels of responsibility and obligations you may take on in your new role. You can read the answers to previous questions here: 

Getting Your Strategy Right

The Manufacturer Annual Manufacturing Report 2019 reveals a mixture of optimism, uncertainty and concern amongst industry leaders

The Latte Levy

The Latte Levy is not a compulsory levy however the proceeds can be donated to good causes, particularly environmental causes or invested specifically to help improve the UK’s recycling and reprocessing facilities.

Prospering in Business in Tomorrow’s World: T.I.D.E.S. of Change

The world is changing at a speed never witnessed before. Driven by technological advances, it affects everything we do; from institutional and social change through to environment, ethics and demographics.

Every industry, every business and every individual will be impacted in some way by this force of rapid change, and only those businesses that prepare and embrace this disruption will prosper and succeed.