Insight

Have you renewed your Tax Investigation Fee Protection cover? If not, please contact the office. With the steep increase in enquiries from HMRC, this cover is really proving its worth!

During September Xero are offering free data conversions from Sage & Quickbooks so…. Are you currently using Sage or Quickbooks but looking to move to a more modern and user friendly accounting package? During September you can convert your data onto Xero for free. You can find more information about Xero here www.xero.com/uk

HMRC have been sending out incorrect demands for underpaid tax for the 2013-14 tax year (including to our own team members!). If you receive a demand, contact the office so that we can review it for you.

72 people are booked to come to our seminar on Thursday. However, we can still squeeze in a few more. Contact us if you’d like to be part of this amazing opportunity.

Two clients will be happy to see their accountancy fees paid for several years to come… A small client received a tax refund of over £2,500, and our fee was only £500. After tax relief of £100, his tax free refund pays the next 6 years’ fees! AND If we cannot meet a client’s needs, we like to use other clients (if they provide a good quality service). It’s paid off for one client, who has just secured a deal, which we brokered, that will generate enough income within two years, to pay our fees for the next 19.9 years!! (Steve would love to have rounded it up, but that would be cheating!) Seriously though, if you’d like to be with a firm who look out for opportunities for their clients, as well as delivering tax free cash, we’d love to chat to you.

By advising a family on ownership of their rental properties, Andy has identified £900 of tax savings for them. AND By reviewing capital allowances claims for 2 clients, and ensuring they maximised their Annual Investment Allowance claims, Andy identified £5,375 of tax savings Our clients FREQUENTLY get good news from their accountants! And while we’re talking tax … Business Rates appeals have cost the government £4.2Billion. Are you sure you’re paying the correct level of business rates?

Do you need help or advice on achieving your goals and bettering the statistics? 53% of cost-conscious 16-24 year-olds would use their savings to start a venture. 67% of young entrepreneurs said they expected their new business to turn a profit after a year, one in ten thought they would be in profit from the outset and another 14% thought they would be in the black after 18 months. 37% said they would seek a bank loan, and 16% a personal loan. 17% say they would go to crowdfunding, or peer-to-peer websites to raise capital. Nearly a third (32%) say having an established social media network is essential for business. More than a third (36%) acknowledged that access to cash was likely to be the biggest single challenge for any start-up, while 22% believed it would be competition from established businesses.

We are now a Xero Bronze Partner. Get in touch to discuss migrating your accounts to Xero and reducing your accounting time by up to 75%!

Places are filling up fast for our 4th September £2.2m seminar. A place will cost you £60 (including VAT) for a 3 hour seminar, plus refreshments and lunch, via www.eventbrite.co.uk/e/the-22m-seminar-tickets-12189714765 OR You can reserve your place by contacting us directly, and we will foot the bill! You can’t say better than that!

Places are filling up very quickly on our seminar, so grab one while you can. Our folder designs – ‘The Numbers’ – have been finalised, and they are looking really smart. If you want to see them, you’ll have to come along on 4th September! The folder contents will help you transform your business and your personal wealth. We have now finished and published our new youtube video – filmed by marketeer, Katie Pipe – explaining in more detail what you can expect from our 4th September £2.2million seminar. Visit: https://www.youtube.com/watch?v=jBg-0XSyeXA and let us know what you think!