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.

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
Inheritance tax planning: the rules around gifting
Inheritance tax

Inheritance tax planning: the rules around gifting

There are plenty of legal ways to minimise an inheritance tax bill. Perhaps the simplest is to give away assets to reduce the size of your estate. Dav…
11 May 2021
Could you end up paying inheritance tax on your family home?
Inheritance tax

Could you end up paying inheritance tax on your family home?

The value of the average UK home has risen by 53% since April 2009, but the inheritance tax threshold has remained static. And that means more people …
7 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
The scandal brewing in pension transfers
Pensions

The scandal brewing in pension transfers

Many savers who switched their retirement fund out of final-salary pension schemes received poor advice. But those caught out have limited recourse to…
2 Feb 2021
Look beyond the default options if you want to start taking income from your pension
Pensions

Look beyond the default options if you want to start taking income from your pension

Regulators have come up with four ready-made plans for people who want to start taking an income from their pension fund – but you should still seek h…
26 Jan 2021
How to make sure your business doesn't lose out in lockdown
Small business

How to make sure your business doesn't lose out in lockdown

Money is still available via government schemes to help small companies cope with the latest Covid restrictions. David Prosser outlines what you can g…
16 Jan 2021
Suspending your pension contributions? Remember the magic of compounding
Pensions

Suspending your pension contributions? Remember the magic of compounding

Think very carefully before suspending your pension contributions, or you will miss out on compound interest – the “eighth wonder of the world”.
12 Jan 2021
Shop around to secure the best Sipp
Self invested personal pensions

Shop around to secure the best Sipp

If you’re one of the growing number of savers with a self-invested personal pension (Sipp), make it a new year’s resolution to check you’re getting va…
11 Jan 2021
How Brexit affects expats’ state pensions and other entitlements
State pensions

How Brexit affects expats’ state pensions and other entitlements

Existing British expatriates' state pensions are protected under the Brexit deal, and they retain the right to receive free healthcare. But there are …
8 Jan 2021
Reform of IR35 tax rules returns for freelancers
Small business

Reform of IR35 tax rules returns for freelancers

The delayed shake-up of employment law governing freelancers kicks in soon
24 Dec 2020
Scammers target pension transfers
Pensions

Scammers target pension transfers

People who apply to transfer their defined-benefit pension to another pension provider need to be on their guard against a proliferation of scammers.
18 Dec 2020
Compensation claims grow after guaranteed minimum pension payouts fall short
Pensions

Compensation claims grow after guaranteed minimum pension payouts fall short

Some defined-benefits pension schemes have paid the wrong amount of “guaranteed minimum pensions”, leading to a growing number of compensation claims.
18 Dec 2020
LRSG: the post-lockdown financial support available to businesses
Small business

LRSG: the post-lockdown financial support available to businesses

The Local Restrictions Support Grant (LRSG) will help small businesses in the new tiered-restriction regime. David Prosser outlines what's available.
11 Dec 2020
Small businesses rush to beat the capital gains tax hike
Small business

Small businesses rush to beat the capital gains tax hike

Corporate finance advisers report a surge in inquiries from small business owners keen to sell their companies before a likely increase in capital gai…
11 Dec 2020
Sipps versus Isas: which one suits long-term savers best?
Sponsored

Sipps versus Isas: which one suits long-term savers best?

Both Sipps and Isas are tax-efficient long-term savings vehicles. David Prosser explains the advantages of using one over the other.
7 Dec 2020
How a small change in calculating inflation will have big consequences for your pension
Pensions

How a small change in calculating inflation will have big consequences for your pension

The way of calculating inflation relating to defined-benefit pension schemes is being changed from RPI to CPIH. Here's what it could mean for you.
4 Dec 2020
How to prepare your business for Brexit
Small business

How to prepare your business for Brexit

Whether we have a Brexit deal or not, new procedures for importers and exporters will apply from 1 January. Get your business ready now.
27 Nov 2020