Bad year?
What makes a bad year bad in business? Usually it comes down to one of two things either a lack of profit or lack of cash, but sadly in most cases one leads to the other and you are left with both....
Changes to taxation of non-UK domiciled individuals
Tax update Changes to taxation of non-UK domiciled individuals On 5 December 2016, the Government published its responses to the August 2016 consultation on the reforms to the taxation of non-UK...
Pricing
Getting your price right is a key challenge to most business owners. Striking the right price is critical in fact as it has a direct result on profitability, cashflow and ultimately the success and...
Review your prices
All too often we see that when a business sets their prices too low, it ends in cash flow issues. All because the business owner refused to review their prices let alone increase them. If you don't...
Tax News
REPORTING TO HMRC EVERY QUARTER TO GO AHEAD IN 2018 The Government and HMRC remain committed to the “Making Tax Digital” project with more information being sent online to HM Revenue and Customs...
Purchase of own shares
Sometimes it can be better to extract funds from your company or to acquire another company through an aquistion method known as 'purchase of own shares'. In essence, you use the Company's own cash...
Changes to Entrepreneurs’ relief
What are the changes to Entrepreneurs' When you sell an asset, the gain (if above the annual exemption of £11,100 - for 2015/16) the you pay tax on the gain. The rate of tax ranges from 18% to 28%...
Reduction in share capital
Following on from our article on the purchase of own shares we thought it would be also useful to provide information for when you consider a reduction in share capital. In practice, this is a...
Brexit – The tax implications
Brexit – what are the tax implications? May claim that the main reason for voting “leave” was to restore fiscal sovereignty to the UK. This enables us to set our own laws and us within business that...
Marketeers and accountants are wrong
Nearly every business has their whole concept of marketing completely and utterly wrong. Do you want to grow your business? Do you think you can grow your profits by spending all your cash? This...