The coronavirus outbreak has spread to businesses, leaving many around the world counting costs. Notoriously, known as the Great Lockdown, it’s been affecting the world economy since early this year. The predicted recession is considered to be the steepest economic downturn since the Great Depression. So, what does that mean for you? James Turner, Director
Tax is a subject close to the hearts of most individuals, and business owners. 3 terms frequently used in conversations around tax savings are tax avoidance, tax evasion and tax efficiency. James Turner, Director at York-based Turner Little, tells us that these are themes that run through most conversations with clients, old and new, and
It’s not what you think. Offshore banking is often slandered, and most commonly associated with tax evasion. But this begs to question – what do people really know about offshore banking? James Turner, Director at York-based Turner Little tells us everything we need to know about offshore banking. “Offshore banking, simply put, is banking done
With the likes of Goldman Sachs and National Savings & Investments (NS&I) cutting the interest rates on savings accounts, consumers are beginning to lose trust in the value of high street banking in the UK. “Today, the biggest threat to savings isn’t market risk. It’s the fact that a majority of Britons feel that banks
Don’t travel, don’t meet clients, don’t shake hands, definitely do not hug – these are the instructions now flowing through the global financial industry as coronavirus spreads, with Italy now having the third highest number of positive cases of coronavirus in the world after China and South Korea. However, do the financial effects of the
The start of a new year is a fantastic time to get your finances in order, with the deadline for filing your self-assessment tax return coming up fast on January 31st, 2020 and the end of the tax year only three months away Being proactive in order to stay tax smart and minimise payments is
