£££ Savings £££
By reorganising the share structure in a family business Andy enabled our clients to draw a further £15,000 per year tax free By reviewing the capital allowances available for a new company we have managed to change their tax position so that they received a refund in excess of £900 rather than paying anything to the tax man. That’s always good news! After discussing a client’s goals for 2015, and considering the financial & tax positions associated with those goals, we have helped to find a manageable way for the family to buy a new tractor for their farm!
Congratulations, Natalie
Our client Natalie Dew is female lead in the West End production of ‘Bend it like Beckham’. Congratulations from all the team here at Numbers!
Exam success
Well done to Brad who passed his Level 3 Indirect tax exam last week!
Money Week
Andy presented at Burraton Community Primary School’s Money Week last Thursday. His remit was to explain how maths works in everyday life. The title was ‘Can I keep all I earn?’ He explained that earnings have tax, National insurance, and pension deductions – something that surprised the children! (Of course, a good accountant can minimise the tax owed!)
Faith in us
A new client has had problems getting information from his previous accountant/bookkeeper resulting in him receiving penalties from HMRC, as his CIS hasn’t been filed each month. Emily explained that we would get this issue sorted as a priority. The client was extremely thankful, and told Emily that he knows we will do this as we are ”the best accountants around, and I have faith that it will all be sorted as quickly as possible”.
Congrats!
Congratulations to our client Gavin at Elixel, who married Cat last Saturday. Our best wishes go to them both!
Xero
Well done to Emily, who passed her exams last week and is now Xero qualified. Ask us how Xero can help YOUR business.
Annual Team Training Day
On Friday we enjoyed our team training day – held at the Quickstore Business Centre in Saltash. During the day we all contributed to presenting topics such as ‘On the path to Excellence – how far have we come?’, ‘Our personal five year goals’, ‘What is a professional?’, ‘What makes Numbers UK Ltd unique? (What is our USP?), as well as celebrating the highlights of 2014/15, strategic planning for 2015/16, and various technical updates. To end the day, we presented our Team Member of the Year award to Priscilla Squires – as voted by the whole team during the year. Priscilla, and a guest of her choice, will be enjoying dinner, bed and breakfast at Boringdon Hall Hotel. (I’m sure her husband is hoping she shares it with him!) As a final ‘thank you’ to our hard working team, we informed them that from now on they could enjoy their…
Is your tax coding correct?
As part of an annual review of tax codes for the employees of a client we identified an error which has resulted in one employee receiving a tax refund of over £1,500. Are you sure your tax coding is correct?
Strategise!
By reviewing a client’s remuneration strategy Andy managed to identify annual tax savings of £17,800.