Latest News
May 2008Credit Squeeze It appears that many businesses are suffering a cash “squeeze” from delayed payment of their invoices as the credit crunch begins to impact on the economy. There are complaints from businesses that some large customers have begun to extend their payment period terms. This is putting a strain on the cashflow of businesses.
Skills Gap With school and college students preparing to start the summer term and sit final examinations, the CBI has published the results of a new annual audit of the nation’s skills.
Entrepreneurs’ Relief After business leaders voiced their objections to the abolition of taper relief, the Chancellor introduced a new Entrepreneurs’ Relief (ER). ER may be available for disposals, reorganisations and relevant transactions taking place on or after 6 April 2008.
10% Rate of Income Tax Since the start of the tax year the basic rate of income tax has been reduced from 22% to 20% and the starting rate of 10% abolished for income except for savings and dividend income.
Property vs. Pensions At Birchwood we deal with many clients who have decided to build up small property portfolios to provide themselves with capital and income in retirement. |
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Birchwood Investment Management Ltd is authorised and regulated by the
Financial Services Authority as an Independent Financial Adviser.
The value of investments can fall as well as rise and past performance is not a guide to future performance.
The value of investments can fall as well as rise and past performance is not a guide to future performance.