News & views

Non-dom tax update

Following the end of the tax year on 5 April, many long-term non-doms (broadly speaking, those who have been UK-resident for 15 years) will be completing a tax return on a worldwide basis for the first time. Some points for them to bear in mind.

Retirement postponed! Lack of exit strategy a problem for SME directors

A growing number of SME company directors are now stuck running their businesses into their 70s instead of retiring, as they haven’t planned their exit early enough. 

Our latest research reveals that one in eight (12.3%) directors of small and medium-sized businesses are aged 70 or over – some 73,430 people in 2017/18*. This is up from 72,400 SME directors over 70 the previous year. 
 
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