The pressure to win new business in today’s market has never been so great. With more firms chasing less work, the market has become highly competitive. Consequently, firms have had to adapt and retune their business development models. How firms design and package their bid presentation can make the difference between success and failure. Be […]
Tips for Buying out a Competitor
As the economy begins to recover, many businesses are finding themselves in a rather enviable position: large cash reserves in the bank and weaker competitors just waiting to be snapped up (for a bargain price!). So you know you want to expand by acquiring another firm, but where to start? Analyse Your Business Start with […]
Small business rates relief
The following information is reproduced from the GOV.UK website where you can get more information on this topic if required. You can get small business rate relief if: you only use one property its rateable value is less than £12,000 What you get Until 31 March 2015 you’ll get 100% relief (doubled from the usual […]
Improve your Customer Relationships
One thing is true for all businesses; if we have any work, we have customers! One of the most important parts of our work is maintaining and enhancing our relationships with our clients. Maintaining and growing these relationships makes the time spent on a project more enjoyable, satisfying and effective. Improved relationships also improves the […]
Watch out for copycat sites
There has considerable press commentary during the last few weeks about a “copy-cat” website taxreturngateway. If you Google tax return gateway you will still be directed to https://secure.taxreturngateway.com, it’s the top listing. The site purports to act as a channel that allows you to file your return online. When you have finished the process you […]
The demographics of late tax returns
Readers will no doubt be aware that if you are required to file a self-assessment tax return for the tax year ending 5 April 2013, the filing deadline for electronic submission is 31 January 2014. At the time this blog posting was written that leaves you just 10 days to complete the formalities. According to […]
Bitcoins make waves
The internet currency Bitcoins is drawing the attention of US regulators. Recently New York prosecutors confiscated $28 million of the e-currency from the Silk Road marketplace. The Bitcoins were taken because they were received as payments for illegal activities. In the UK Bitcoins may be about to get an unexpected boost from HM Revenue & […]
What can you dispose of and not pay capital gains tax?
Believe it or not there are a number of assets that you can sell that do not trigger a capital gains tax (CGT) liability. The list, published on HMRC’s website is as follows: Your car Personal possessions worth up to £6,000 each, such as jewellery, paintings or antiques Stocks and shares you hold in tax-free […]
Plan for progress
We are now in the last quarter of the current tax year that ends 5 April 2014. If you are in business or pay income tax at the higher rates there is a strong argument that you should consider, and invest in, a tax planning review with your professional advisor. Why? Shutting the stable door […]