10% Tax Break for Directors, Entrepreneurs and Shareholders Reduced by 90%

During the period of fear, uncertainty and doubt created by the Corona virus the taxman took the opportunity to savagely and surreptitiously  cut one of the most useful tax breaks for entrepreneurs and other significant shareholders. Previously, subject to meeting certain criteria, directors and shareholders could sell their shares and take advantage of the Entrepreneurs… Read more »

Leadership and Trust for Directors

Leadership is about inspiring and motivating groups of people to achieve their best. To achieve this it is essential for directors to first create a trusting environment where people are not afraid to admit to and acknowledge mistakes and shortcomings. Team performance can often be changed for the better or for the worse, simply by… Read more »

Share Buybacks A Review for Directors – Their Economic Drivers, Psychology and Results by Philip Arnold of Excellence in Learning

Share Buybacks A Review for Directors This article is  aimed at directors and board of directors, it is an overview share buybacks.   It has also been published, in August 2020, on the Institute of Directors’ (IoD) website as a lead article their Governance section. Share buybacks are huge in the USA.  They totalled $800bn per… Read more »

Goodwill Accounting Changes Damage Board Performance, Profits and Dividends

UK Plc is damaged, yet again, by the overly rigid application by our regulators of EU rules. The accounting standard, FRS102, forces UK companies and their boards of directors to amortise all intangible assets through the annual P&L.  However, those companies and directors operating under an IFRS accounting environment would not have to do this. IFRS… Read more »

National Budget Deficit Massaged Downwards

The annual deficit is definitely being reduced, but perhaps not as fast as the official figures suggest. The UK Government uses cash accounting, which fails to differentiate between cash raised from the sale of assets such as the formerly state owned Royal Mail and cash raised from repeatable cash generating operations such as corporation and… Read more »

Pension Freedom Day is the 6th April 2015

The government has relaxed many of the rules surrounding pensions. Fundamentally many more people will be able to directly control and invest/spend/blow (please delete mentally as applicable) their entire pension pot. There is no government safety net, other than the very small State Pension, which cannot thankfully be invested in fast cars and loose sarongs.… Read more »

FTSE100 Heading for A Significant Fall – Probably

The forthcoming general election and the uncertainty it will generate is about to take a big bite out of any substantially based UK investment portfolio.  However, over the long term it should recover and climb to new heights, barring any new catastrophic incidents.  This is a personal opinion and does not constitute investment advice.