Business news

Retired homeowners not accessing property wealth

6 in 10 over-50s don’t plan to move house.

Working pensioners pay £8.6bn in income tax

17% of people work past state pension age.

Small firms unprepared for disruption

Missed payments and losing key staff among most common threats.

Retirees take cautious approach to drawdown

Pensioners draw down 31% of wealth on average.

MTD income tax pilot extends to landlords

Scheme now accepts property income excluding holiday lets.

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