Nigel Holland “The Bank of England will pump £100bn into the economy and yet the policy makers believe that the hit to the economy will be “less severe” than originally feared.This comes off the back of news that the UK’s debt is now worth more...
Nigel Holland ” Children are liable to pay tax on savings. They have the same income tax allowance as adults. But they are able to earn £18,500 tax free in 2020/21.In almost all cases this is irrelevant because children generally do not earn money.”Nigel...
Nigel Holland ” There is a benefits in kind tax on the use of company cars. A PIID form needs to be submitted to HMRC.One tip is to get a car which has low CO2 emmissions.”Nigel Holland You’ll pay tax if you or your family use a company car privately,...
Nigel Holland ” Inflation has fallen even further to 0.5%. When you think about it 0.5% is incredibly low. I remember the Thatcher years when it was 14% in 1979, this was after periods of 20% plus in the late 1970s.Today’s rate is very low by comparison....
Nigel Holland ” These are very serious times. The ONS figures show that a lot of people have lost their jobs. This does not include the 9.1 million people who have been furloughed. There is a good chance that some of the furloughed people have also lost their...
Nigel Holland “The guidance from the Government is quite involved and needs to be studied carefully. It is easy for business people to fall foul of the rules which are changing constantly.”Nigel Holland Guidance to help employers, employees and the...
Nigel Holland ” It is important that all businesses keep up to date with these changes as they are announced by the Government.Today is the day that a lot of businesses will be reopening although many of them sadly will be forced to close because of...
Nigel Holland “These results are very bad but they are to be expected.They are similar to the results for the rest of the developed world. The important thing is how we get out of this crisis.”Nigel Holland GDP fell by 20.4% in April 2020, following a fall...
Nigel Holland ” It is great news to see all these shops open up. It has been very difficult for business owners during the lock down.There is a notable change of emphasis on the news front recently, people are now becoming less worried about the pandemic and...
Nigel Holland ” These statistics help to highlight the cost of Government help during the pandemic. These costs are not over yet and are set to grow.”Nigel Holland HM Treasury coronavirus (COVID-19) business loan scheme statistics HMT management...
