The state of the nation.

Today, I just have a link for you to see.  Not necessarily enjoy, but definitely see: It’s about facing unknown unknowns.

Uncategorized

If you’re unlucky/lucky enough to be facing redundancy soon, with a big severance payment, you might well be expecting your money on 31 March? It seems to be a popular date.

Take great care in advance if you’ve got any tax planning in mind: The last day of the tax year is 1 April this year (because of the Easter bank holidays).

This could make a huge difference if you’re facing 40% tax on severance pay.  It’s quite easy to do that because your redundancy sits on top of a whole year’s income, especially if you don’t expect to pay 40% tax in the new tax year.

So what?
Plan carefully. Take advice if you need it.

Uncategorized, What's on my desk right now pension contribution, redundancy, severance, tax

Do you remember the audi advert that talked about spending twenty million dollars developing the new A4 (I think it was that one, and wait to be corrected)?  The punchline was

“that was when twenty million dollars was a lot of money”…

I loved it.

Unfortunately, that’s why we’re going to need a period of high inflation, it’s the only way to make the recent expenses seem manageable.

As Tom Dobell said recently, “[we need to] inflate [the debt] away”.

So, I’ll be taking inflation really seriously.

Uncategorized credit crunch, inflation