David’s Blog

Are you paying 62% tax on your income?

Are you paying 62% tax on your income?

If you scour the HMRC website of tax rates you won’t find a 60% Income Tax rate but this cliff edge rate exists. This gives us pretty much the highest tax rate in Europe. So much for us being a low tax economy! How does the 60% rate come about? The iniquitous 60% rate...
Should I sign a personal guarantee?

Should I sign a personal guarantee?

Inevitably the answer will be “It all depends…” What is a personal guarantee? When looking for business finance, a company director might well be asked to give a personal guarantee as a condition of a business loan or another source of credit being granted. This...
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