by David Jones | Oct 5, 2023 | Opinion, Pension, Personal Finance
It’s a given, that no-one enjoys paying tax, but most of us recognise that to provide the cash for the NHS, pensions, social care et al, we all must pay a bit. This however is where the arguments start as to what should be taxed and by what amount. A trawl of media...
by David Jones | Sep 28, 2023 | Pension, Personal Finance, Self Assessment
Approaching 50% of income tax self-assessment late-filing penalties are paid by the elderly or the poor, with the common denominator being that they do not owe any tax. So today I’m asking the question; why is HMRC penalising these individuals, when all they are...
by David Jones | Mar 16, 2023 | Business Regulation, Business Tax, Comments on Global News, Pension, Personal Finance, Personal Tax Planning, Self Assessment
So quipped Chancellor Jeremy Hunt during his Budget speech yesterday; but apart from eleven pence off a pint of draught beer at your local pub, what else did Mr Hunt announce? Budget 2023: Taxation measures The cap on the total amount individuals can accumulate in...
by David Jones | Jan 19, 2023 | Business Tax, Pension, Personal Finance
Today’s Blog is inspired by a conversation I had with a self-employed client last week about pensions. The client ‘Roger’ told me two things during the meeting; firstly, that he had turned 40 that very morning and secondly, because times were hard, that he had decided...
by David Jones | Dec 1, 2022 | Opinion, Pension
There is no doubt that the baby boomer generation has have benefited from tax breaks and other state support, throughout most of their lives. Now that they are retired, or retiring, the state help that they received is by and large, unavailable to younger people. A...
by David Jones | Jul 21, 2022 | Pension
This week’s Blog is the sad saga of retired chef Philip Jones, who discovered that his UK state pension was significantly lower he expected, as a direct result of an incomplete or patchy NIC record. On retirement, Mr Jones discovered that his state retirement pension...
David Jones is the Senior Partner and Founder of Morgan Jones & Company. Born in Liverpool and an Accountancy graduate of the University of Wolverhampton, David spent twenty years working for the Customs & Excise in London then Shrewsbury before starting his own business. David's depth of knowledge of the UK tax system and his ability to communicate this learning has seen Morgan Jones & Company grow into Shropshire's most respected Accountancy Practice. Email David