Building a good business is one thing. Knowing when it is time to sell it is an entirely different matter. For many entrepreneurs it’s not enough to build a business, they have to make sure to have an exit strategy, a way to get the money back out. Depending on who you are and what […]
14
Mar
Mar
Higher rate taxpayers should make any charitable payments under Gift Aid so that they obtain additional tax relief. The charity will also be able to reclaim the basic rate tax from HMRC making it even better.
09
Mar
Mar
Social selling Outsourcing is not just a strategic option for large international corporations, small and medium sized firms can benefit too from the efficiency, functionality and cost savings of outsourcing. Outsourcing simply means “contracting out” various functions of your business. A common misconception is that outsourcing is always done overseas. Moving your IT helpdesk to […]
07
Mar
Mar
There has been a lot of speculation that the Chancellor may announce further major changes to tax relief on pension contributions in his March Budget, based on consultations with the pensions industry. Under the current rules an individual’s contributions can save them tax at their highest marginal rate and also help them avoid losing their […]
02
Mar
Mar
The new generation of professionals are concerned about corporate social responsibility (CSR) and want to work for ethical businesses. The ethics of any firm are determined by its actions. If bending the rules results in rewards for some people as a result of increased short term revenue, or other perceived benefit, then many in […]
01
Mar
Mar
Don’t lost your Personal Allowance! For every £2 that your adjusted net income exceeds £100,000, the £10,600 personal allowance is reduced by £1. Pension contributions and Gift Aid can help to reduce adjusted net income and save tax at an effective rate of 60%. Year end pension planning Take advantage of the pension carry forward […]
24
Feb
Feb
The Government has confirmed that from 6 April 2017, tax restrictions for people looking to sell annuities will be removed, giving those with existing annuity, and anyone who purchases an annuity in the future, the freedom to sell their right to future income streams for an upfront cash sum. Currently, people wishing to sell their […]
22
Feb
Feb
Your firm’s brand isn’t what you say it is. Your brand is what your customers say about your firm when they speak to others about your business. The brand is the personality your business has developed through your leadership and the systems you and your management team have put in place. Customers will be treated […]