Taxability Checklist
We regularly meet up with our clients to work through our 70 question ‘Taxability’ checklist. This ensures that their business & personal affairs are as tax efficient as possible. Please contact us to book your appointment now
Team fun!
Some pictorial evidence of a bunch of accountants (what’s that called?!) and some non – accountants having fun at the Bowling Alley. A great evening was had by all, with not a hint of competition between any of the team here at Numbers … (jokes) It was nothing but a bonding experience! Andy and Steve were neck and neck until the very end. Who do you think was the winner? No cup was awarded though!
Making lives better
Steve was privileged to help two clients on their journey to “better”. The first is a long standing client who is approaching retirement. We have been able to forecast his tax bills over the next two years, so he can budget in confidence for his retirement. We also provided him with a “sensitivity analysis”, so he knows how his tax will change if certain decisions are taken. The second client wants to purchase a commercial property in Plymouth, and needed some management accounts for his chosen funder. His current accountant hadn’t returned his calls in weeks. We were able to produce a set of management accounts, to the dates requested by the funder within a week.
New clients
This week we welcome Jaki, Jon and Iain as new clients.
On a personal note…
Yesterday, Emily’s young farmers club held a charity Big Breakfast which helped raise £711.00 towards their chosen charity of Cornwall Hospice Care.
George’s Marvellous (?) Medicine
Introduction George Osborne has just delivered his last Budget speech before the election. As it stands, the election is too close to call, so who knows if he’ll get another opportunity. This was a highly political budget, but included a huge number of changes. I’ll attempt to summarise those changes, and list some action points. Overview The budget has been delivered against a background of higher growth, and lower inflation. This has given the Chancellor a large degree of room for manoeuvre. He has used this to announce a wide range of changes, while continuing to reduce the expected deficit. He now expects to return to a surplus in 2018/19, meaning the national debt will eventually start to fall then. These figures have been based on reasonable growth forecasts of an average of 2.4% per annum over the next Parliament. Changes affecting individuals Income tax The increase in the personal…
HMRC no longer chasing client
On reviewing accounts for a new client we discovered errors made by their previous accountant. We have managed to generate tax savings in excess of £500, including a cash refund of £350. Plus, HMRC are no longer chasing them for over £5k in corporation tax which was never actually due!
Cool Operator!
Take a look at this amazing scooter! Peter Brooksbank of Denbrook Consultancies (www.denbrookconsultancies.co.uk) paid us a visit to review our Health and Safety measures, and rocked up on this beautiful machine. It was well worth taking a pic.
It’s always nice to be appreciated!
Last week, Andy spent time with a client to help them identify their business goals for the next 3 years – and along the way identified ways in which the goals can be achieved in a tax efficient manner. Today he received a nice card from the client to say ‘Thank you’!
New beginnings
Steve heard that one of our team member’s friends was searching for a new job, just as one of our clients was looking for a new office administrator. He put them in touch, and our client SW Shopfittings Limited appointed her last week. It feels good to help! On Thursday night, Emily learned that she had a new Nephew. Freddie was welcomed into the world! Our congratulations go to her, and the proud parents.