Wealth

Your Super-Deduction Guide

Who is likely to be affected? Companies within the charge to Corporation Tax who invest in plant and machinery on or after 1 April 2021. General description of the measure This measure will temporarily introduce increased reliefs for expenditure on plant and machinery. For qualifying expenditures incurred from 1 April 2021 up to and including […]

Compound Interest – The eighth wonder of the world

What makes compound interest so powerful? The fabulous quality of compound interest is it causes your wealth to grow faster. It makes a given sum of money grow at a faster rate than simple interest because you earn returns on the money you invest, as well as on returns at the end of every compounding […]

Personal or corporate investment – which is better?

You have the opportunity to buy shares in a new company with good prospects. You can afford to make the investment personally, but might you be better off doing it through your company? Tax incentives The government encourages investment in new businesses especially those run through companies. In 2016 it created a new tax relief […]

Women’s Entrepreneurs Day!

As it’s Woman’s Entrepreneurs Day I thought I would take the time to thank all the amazing women who have stood up to the social norms and made something of themselves. You should be truly proud of yourself. Have you ever heard of the term ‘momtrepreneurs’? A momtrepreneur is in fact a mother who is […]

Wealthy Wednesday: Merchant Accounts