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    Tax efficient extraction of profit from companies for 2018/19

      The new tax year means that many directors of family companies will be considering the most tax efficient method of paying themselves.   For many years accountants and tax advisors have suggested that director/shareholders should extract profit by paying themselves a low salary with the remainder of their income being extracted in the form […]

    in News on April 18, 2018 Comments 0
  • news-donations

    Charities gift aid small donations scheme

      Whilst on the subject of the reduction in cash transactions, we take the opportunity remind you of the Gift Aid Small Donations Scheme (GASDC). Under this scheme a charity or community amateur sports club (CASC) can claim top-up payments on small donations up to £20.   From 6 April 2017 charities have also been […]

    in News on April 16, 2018 Comments 0
  • news-economy

    Cash and digital payments in the new economy

      One of the announcements in the Spring Statement was the possible demise of the 1p and 2p coins and the £50 note, but for different reasons. It seems that more and more of us are paying for small transactions such as our morning coffee by using contactless payments.   Those who do pay in […]

    in News on April 13, 2018 Comments 0
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    No major tax changes in chancellors spring statement

      As announced last year, the Chancellor’s Budget will in future take place in the Autumn each year as opposed to the Spring. There was however a Statement by the Chancellor on 13 March, but he made little mention of tax changes, instead choosing to focus on the state of the economy and stating that […]

    in News on April 11, 2018 Comments 0
  • news-business

    Creating a great business strategy

      When many of us think about business strategy, academics and expensive business consultants tend to spring to mind. The good news is that creating a really great business strategy doesn’t have to be complex.   Put simply, a strategy is what you need to get your business from where it is today to where […]

    in News on April 9, 2018 Comments 0
  • news-coach

    A good coach is a good manager

      In addition to ensuring the achievement of business objectives, managers are responsible for encouraging growth, confidence and ambition in employees.   Effective leadership techniques have evolved over the last few decades and the way that managers interface with their teams has become more focused on getting the most out of people through coaching. Compared […]

    in News on April 6, 2018 Comments 0
  • news-health

    Health and Safety

      Employee health and safety is the responsibility of every employer. Regardless of the type of business you manage, health and safety is a fact of life. Aside from their devastating human cost, occupational accidents and ill-health bear a significant cost to businesses through higher insurance premiums and staff absence. Staying up to date when […]

    in News on April 4, 2018 Comments 0
  • news-google

    How to use google analytics effectively

      Google Analytics is a free service which allows you to analyse visitors to your website. You could have thousands of visitors to your firm’s website every month, but those visitors don’t mean much if you don’t know anything about them.   Google Analytics is one of the best of many tools available to analyse […]

    in News on April 2, 2018 Comments 0
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    Want to Join the Making Tax Digital VAT Pilot?

      HMRC have announced that they are looking for suitable businesses to sign up for the pilot testing of the new system of digital reporting of VAT information. Turkeys voting for Christmas springs to mind?   After a period of testing the new system is scheduled to go live in April 2019 for VAT registered […]

    in News on March 30, 2018 Comments 0
  • news-moneybox

    Pension Funds can be very Effective in Estate Planning

      We have featured the tax efficiency of pension fund investment in a number of recent newsletters. As well as the increased flexibility in terms of drawdown arrangements that were introduced in April 2015 there were some important changes to what happens to the undrawn funds on death. These changes mean that your pension fund […]

    in News on March 28, 2018 Comments 0