Accounting

Deferring state pension: Good idea?

I am self-employed and shall be 65 on April 3rd and my wife is 62. I intend to draw a deferred pension accrued from when I was working. I understand my tax allowance will be increased this year. If I continue to work for a couple of years or so, and also employ my wife, part-time, to carry out book-keeping, what are the tax implications?

News

SMEs prepare for the long haul – The Turner Report

With the Turner Report's controversial proposal to raise the pension age beyond 65 still looming large ahead of an expected legislation overhaul in April, it seems that a significant number of SME owners and managers are already expecting to work well beyond this age.