Author Archives: Rachael Carey

Again, we are always looking to save our clients tax, and Reece identified tax refunds of £1,153.55 and £809.11 for two other clients.

On review of a client’s remuneration & profit extraction strategy savings in excess of £52,000 were identified. And our client will be pleased to find out that Andy has just received a letter from HMRC confirming that they have accepted an appeal against penalties of £520 incorrectly levied.

Steve identified an opportunity to claim back VAT following a very recent change in HMRC’s guidance about the Flat Rate Scheme. Covering the potential refund in one of our pre year end meetings resulted in a refund for a client of over £4,000, and all she needs to do is put one extra figure on her next VAT return! If you’d like us to check your position, our no win, no fee arrangement will guarantee you can’t lose. Please get in touch.

And finally, a HUGE congratulations to our client James Webster, who entered The British Mortgage awards and won the ‘Best First Time Buyer Mortgage Broker’ award – making him the best in the UK!

Steve met with two clients to run through our pre- year end planning agenda last week. Savings identified exceeded £4,000! Not bad for two hours’ work. Last week Andy helped to review the cash extraction planning for a company, and pulled together a plan to save over £84,000 in corporate & personal taxes. That’s £225,300 saved in four weeks! By helping a client to review their internal processes we managed to identify an anomaly in their work in progress function. The result of which was a tax saving in excess of £100,000.

We’ve developed a new series of workshops, aimed at helping business owners overcome the obstacles to a better business. The first workshop is planned for 29 September, addressing “Unlocking the potential in your business”.

Georgia managed to sort out various refunds for our clients last week, including an £8114 VAT refund for a happy client who is no doubt planning how he will spend it! She also negotiated a £1793.43 VAT saving for a client by ensuring that they were on the correct VAT scheme.

If you have visited our offices, you may have noticed that we have ‘twinned’ our loos. By supporting Toilet Twinning’s work we are part of the story of transformation that is taking place in some of the world’s poorest communities. 2.4 billion people don’t have somewhere safe, clean and hygienic to go to the loo. That’s more than a third of the people on the planet. By twinning our toilets, we are helping those in desperate poverty to have access to a proper latrine, clean water and the information they need to be healthy. And if you’re a woman, and you don’t have a loo, going to toilet in the bush will be a very fearful experience. The lack of a loo makes women and girls a target for sexual assault as they go to the toilet in the open, late at night. If this is something you are interested…

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Georgia managed to get a CIS refund of £18,691.90 for one of our clients, which they will get as a cheque. You can imagine how thrilled they are! What could you do with a sum of that size? Another of Georgia’s successes – she obtained a CIS refund of around £500 for a client which they can offset against their PAYE due. Always good news. And finally, Georgia submitted an EPS for CIS for two further clients last week. This means that one client can claim back a massive £15,000 from HMRC and the other a handy £508.50. We get a real buzz out of Making Lives Better – it’s why we come to work in the morning! If you think we could help you, just get in touch.

Following an initial consultation a client has decided to implement a cloud based accounting & practice management solution using @Xero & @WorkFlowMax. We estimate that this will save a member of their team at least a day a week in processing time. Also, Andy completed WorkFlowMax advisor training and is now a certified advisor on that (in addition to Xero) too.