AUTHOR

David Prosser author headshot

David Prosser

David Prosser is a freelance journalist with more than 20 years of experience writing about personal finance, business, economics and entrepreneurship. A former business editor of The Independent and personal finance editor of Express Newspapers, David has also written for The Times, The Guardian, The Observer, The Financial Times and a range of specialist magazines and websites.

Dividend payout advantages drain away for small-business owners
Small business

Dividend payout advantages drain away for small-business owners

Life is getting harder for sole traders who opt for dividend payouts rather than taking a salary from their business.
17 Sep 2021
Should you defer your pension and stay in work?
Pensions

Should you defer your pension and stay in work?

The pros and cons of deferring your pension and staying in employment beyond 66 are finely balanced.
15 Sep 2021
Cybersecurity is crucial for small businesses
Small business

Cybersecurity is crucial for small businesses

Small companies tend to neglect the defence of their digital data, but the risks are very high, says David Prosser.
6 Sep 2021
Time for small businesses to pay back emergency state aid
Small business

Time for small businesses to pay back emergency state aid

Small companies struggling to repay emergency loans have several options, says David Prosser.
21 Aug 2021
How to top up your state pension
Pensions

How to top up your state pension

To get the full state pension, you will need to have made national insurance contributions for at least 35 years, But if don't qualify, you may be abl…
17 Aug 2021
The drawbacks of pension drawdown
Pensions

The drawbacks of pension drawdown

Using pension drawdown to tap your retirement savings requires careful preparation, says David Prosser.
17 Aug 2021
Government launches final Covid support scheme for the self-employed
Small business

Government launches final Covid support scheme for the self-employed

A fifth and final round of the government’s aid scheme for the self-employed, with grants of up to £7,500, has been launched.
6 Aug 2021
Beware: the government could cut tax relief on pension contributions
Pensions

Beware: the government could cut tax relief on pension contributions

The government may soon cut tax relief on private retirement savings, says David Prosser.
30 Jul 2021
Alternative finance – tap into new sources of credit for your business
Small business

Alternative finance – tap into new sources of credit for your business

Britain’s booming alternative-finance sector is a boon for small businesses, says David Prosser.
27 Jul 2021
Regulator to clamp down on transfers out of final salary pension schemes
Pensions

Regulator to clamp down on transfers out of final salary pension schemes

The Financial Conduct Authority wants to make it harder for people to leave final-salary pension schemes.
21 Jul 2021
Don’t cut corners when insuring your business
Small business

Don’t cut corners when insuring your business

Scrimping on insurance policies for your business is a false economy, says David Prosser.
13 Jul 2021
Why you should consider deferring your state pension
Pensions

Why you should consider deferring your state pension

Deferring your state pension entitlement when you turn 66 still makes sense in some circumstances, says David Prosser.
6 Jul 2021
Government support schemes for Covid-hit businesses are coming to an end
Small business

Government support schemes for Covid-hit businesses are coming to an end

Government support schemes to bolster business through the pandemic are ending, despite the extended lockdown
25 Jun 2021
How flexible working could affect your pension
Pensions

How flexible working could affect your pension

Flexible working may have a permanent effect on how we save for retirement, says David Prosser.
23 Jun 2021
Are your company’s assets at risk from your creditors?
Small business

Are your company’s assets at risk from your creditors?

Loans with personal guarantees attached may now damage small companies, says David Prosser.
23 Jun 2021
Stop living in fear of the pensions lifetime allowance
Pensions

Stop living in fear of the pensions lifetime allowance

Breaching the lifetime allowance (LTA) for pension savings can be expensive. So how can you cut the cost?
22 Jun 2021
Why it might be better to delay saving for your retirement
Pensions

Why it might be better to delay saving for your retirement

We are advised to put aside as much as we can as early as possible. But is that always sensible?
8 Jun 2021
Should you move your business to a four-day week?
Small business

Should you move your business to a four-day week?

Schemes to promote shorter working weeks could cause practical difficulties for businesses.
31 May 2021
The bill for Covid bailout loans falls due for small businesses
Small business

The bill for Covid bailout loans falls due for small businesses

Here’s your business can tackle repayment demands for emergency Covid bailout loan schemes
14 May 2021
Inheritance tax: how your pension can help you plan your estate
Pensions

Inheritance tax: how your pension can help you plan your estate

Pensions can help you minimise your family’s potential inheritance-tax bill. David Prosser explains how.
12 May 2021
How invoice financing can help your business
Small business

How invoice financing can help your business

Invoice financing can be a useful alternative to other types of funding in the right circumstances, says David Prosser
4 May 2021
Inheritance tax bills are set to rise – will you be caught out?
Inheritance tax

Inheritance tax bills are set to rise – will you be caught out?

The number of people who actually pay inheritance tax is very small. But more and more estates are set to be dragged into its net, says David Prosser.…
30 Apr 2021
Can your business secure a Restart Grant?
Small business

Can your business secure a Restart Grant?

Is your business eligible for the Restart Grant, the government-backed scheme that provides funding for firms as they emerge from the Covid-19 lockdow…
30 Apr 2021
Equity release: should you take money out of your home?
Equity release

Equity release: should you take money out of your home?

Tapping your home for cash via equity release has never been cheaper or easier. But there are pitfalls – so is it right for you?
28 Apr 2021
Recovery Loan Scheme: the latest government aid package for small businesses
Small business

Recovery Loan Scheme: the latest government aid package for small businesses

The Recovery Loan Scheme will help companies weather the pandemic
16 Apr 2021
The minimum pension withdrawal age is set to rise – don’t get caught short
Pensions

The minimum pension withdrawal age is set to rise – don’t get caught short

From April 2028, the earliest age at which you can take money from your pension savings will rise to 57. It's vital that you understand the detail of …
13 Apr 2021
The end-of-tax-year to-do list for small businesses
Small business

The end-of-tax-year to-do list for small businesses

If you run a business, get on top of your paperwork before 2020-2021 draws to a close.
1 Apr 2021
Make sure you max out your pension contributions this year
Pensions

Make sure you max out your pension contributions this year

If you're saving for retirement, make sure that you have used up all their allowances before the tax year ends, and contributed as much to your pensio…
31 Mar 2021
Sunak sticks with SEISS support scheme for the self-employed
Small business

Sunak sticks with SEISS support scheme for the self-employed

The chancellor has extended the SEISS scheme to help the self-employed through pandemic-induced difficulties.
19 Mar 2021
Make sure you don't go over the pensions lifetime allowance
Pensions

Make sure you don't go over the pensions lifetime allowance

Breaching the lifetime allowance for pension savings could prove very costly, says David Prosser.
15 Mar 2021
Women could be compensated for state-pension shortfall
State pensions

Women could be compensated for state-pension shortfall

A government inquiry has said that up to 200,000 women could be owed a collective £1.7bn in compensation, with the average woman being owed £13,500 in…
12 Mar 2021
The IR35 reprieve is over – what freelancers should do now
Small business

The IR35 reprieve is over – what freelancers should do now

The government delayed introducing IR35 tax reforms for freelancers amid the Covid-19 chaos. But they come into effect early next month.
9 Mar 2021
Where to get help taking your business online
Small business

Where to get help taking your business online

The pandemic has brought forward the transition to e-commerce, so businesses need to go digital. David Prosser explains the tools available to help ta…
2 Mar 2021
How to get the best deal from your pension drawdown
Pensions

How to get the best deal from your pension drawdown

If you're thinking of taking out a pension drawdown plan on reaching retirement, don't just rely on the Money Advice Service’s price-comparison tool.
23 Feb 2021
Brexit: a bumpy beginning for small businesses exporting to the EU
Small business

Brexit: a bumpy beginning for small businesses exporting to the EU

Small businesses trading with the EU have struggled since the Uk officially left the EU at the turn of the year. David Prosser outlines the key proble…
12 Feb 2021
More help for small businesses to deal with customers who pay late
Small business

More help for small businesses to deal with customers who pay late

The latest measures to tackle the problem of customer who don't settle their bills on time bode well for small businesses.
3 Feb 2021