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News – Page 25 – Numbers UK Ltd

Category Archives: News

Steve attended an AVN seminar and gave a fellow accountant two great ideas for one of his clients. We estimate that these ideas will save over £300,000 of capital gains tax and enable a highly successful business to continue after its current owners retire.

Three attendees from our recent seminar attended their follow up workshop. Average profit improvement identified BY THEM was over 2,000%. In one case, a loss was turned to profit, in another the owner’s unaffordable drawings were shown to be achievable and in the third, profits could be more than doubled. Have you contacted us to book your place? In addition to the improved profits identified – and to their delight – we treated them to a cream tea. Our team were thrilled to be treated too!

The team are having fun popping the ‘motivational’ balloons in our office. One balloon is popped for each tax return completed. You might be able to catch a glimpse of them as you drive past our offices!  

Our team were all crowding around the ecstatically happy on our Mood Board last Monday when we revealed our gift to them … corporate membership of the China Fleet Country Club. They are all keen to start using the gym, pool, spa facilities, and much more.

Whilst reviewing a new client’s VAT return yesterday we found £5,620 of historical errors due to miscoding of transactions. So we’ve almost paid for ourselves already!

By using our alternative funding sources we managed to raise finance of over £30,000 to allow a client to spread their liabilities over a manageable period. Are you struggling to raise funds with your bank? Let us know as we can introduce you to our alternative lending providers.

We had another “clean” PAYE visit from HMRC for one of our clients. This was fully funded by our tax investigation insurance. Please call us if you would like to find out more about this service.

By utilising Corporation Tax loss rules, along with capital allowance claims, we have managed to reduce a £3,700 corporation tax liability to £Zero. Our client is thrilled with the outcome!

By working with a local mortgage adviser we managed to assist a client with significant credit issues to remortgage their home and save them £77 in monthly repayments, whilst also raising £5,000 of capital. They sleep easier these days.

Whilst chatting with a client we discovered that his builder had been charging him VAT on work that was being completed on his new build property. We advised that this work should be Zero Rated, and as a result kept £2,000 in his account rather than in his builders. Always a good thing!

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