The long awaited budget was finally announced on Tuesday by the new Chancellor. Most business people are not sure what the implications will be for the long term. The budget was certainly a mixture of taking the ‘bitter with the sweet’ in an effort to reduce the national deficit. Tuesday’s budget announced a mixture of [...]
As previously announced in the March 2010 Budget, although many small business owners could be forgiven for not noticing, a revised penalty regime will apply to taxpayers who fail to file their tax returns on time or pay their tax liabilities in full and on time for: VAT and insurance premium tax; aggregates levy, climate [...]
For our £FREE Emergency Budget Report 2010 please click here. For all our previous £FREE Budget Reports and Pre-Budget Reports please go to our Budget Page. How will the 2010 Emergency Budget affect you? VAT increased to 20% from January 2011 Increased personal allowance Small Companies Corporation Tax rate to be reduced to 20% Any [...]
It is amazing to learn that some businesses do not really understand where their core business comes from or how their sales are generated. In fact many business people even neglect or overlook the opportunity to introduce existing clients to new products or services. They always seem to be seeking that elusive ‘new and bigger [...]
When a business is setup there are always a hundred and one things to be done. Often the business owner starts off with a list of aims and objectives for the business. This list can be anything from simply the desire to survive the first year to how many customers they would like to acquire [...]
The primary objective of any business is to create a profit. Profits are often driven by the cycle of supply and demand. Thus consumer behaviour is intrinsically linked to the economy and will always have an influence on the economy. Having an ongoing pipeline of prospective customers is only one side of the profit equation. [...]
Now live on our website are the details of the new fuel rates for company car drivers effective 1 June 2010. Technorati Tags: Company Car Advisory Fuel Rates,HMRC