Top Tax Tip
Utilise ISA allowances - though relatively small, these do add up over
time and can be very powerful if significant gains are made
|
|
|
Quote Of The Week
| A man who dares to waste one hour of time has not
discovered the value of life.
Charles
Darwin
|
|
|
If you found this information valuable, please forward this email onto a friend or colleague.
If you were forwarded this email, you can subscribe here
|
|
|
|
Greetings!
In this Newsletter, we have 2 things to offer you that can, and will, if you let it, increase your business's success and profitability enourmously. Take a look at both our Client Spotlight and Get Something for Nothing sections for more information.
|
Firstly, we would like to congratulate Wayne Sturt, from W & N Training, for
winning the last BrainTeaser.
The same rules apply for this week's BrainTeaser; The first person to email us with the correct answer will win a mystery prize!
John, James, and Harry have £4.80 which they wish to divide equally among
them. To do this, John, who has the most, gives to James and Harry as much as
they already have. Then, James divides by giving John and Harry as much as they
have after John's division. Harry then divides with John and James in the same
way, and it is found that they have equal sums.
How much did each person start off with?
Click here to email us the answer!
|
Hi, my name's Jason
Rudland, and I'm Managing Director of Get Me In Google (GMIG). We are based in Battle, East Sussex, and
we are an Inbound Internet Marketing agency. We help Clients from all over London & the South
East.
We are a Limited company, and have been trading for 2 years.
My background is as a programmer, and web designer. I was
working as the IT manager for a firm of City stock brokers, where I got
involved in Internet Marketing, which led me to starting up GMIG.
We don't have many direct competitors in the UK, because
Inbound Marketing is still little-known; but it's the next big thing on the
internet!
Over the next 5 years, I would like to continue to grow my
business, and establish Inbound Marketing in the UK.
One Client (you know him!) said this about my work;
'Jason and the whole team at GMIG have proved invaluable to
the continued growth of our business, and the same goes for many of our
customers, a real pleasure to work with.' Chris
Halward, Keepers Accountancy
As part of this Spotlight feature, I would like to extend to
you 2 very special offers;
A 30
day free Internet Marketing trial, in which I will demonstrate how I can
drive traffic to a website and generate leads.
A
Free website report, that looks into a website's internet marketing
activities, highlights potential problems, and then shows you how to fix
them.
Keepers have been enormously supportive in the formative
years of the business, and have given me sound advice on how to grow my
business. The day-to-day accounting activities work like clockwork, but the
real value to me has been the proactive advice and guidance.
If you would like to take me up on one of the offers above,
please contact me in one of the following ways;
Web - http://www.gmig.co.uk
Email - jason.rudland@gmig.co.uk
Phone - 0800 321 3369
|
VAT Explained
Value Added Tax is levied on most business transactions, goods and
some services. VAT does not apply to services such as insurance,
training, loans and some types of education; these are considered
'exempt'.
There are currently 3 different types of VAT in Great Britain;
17.5%, the 'reduced' 5% rate, and the 'zero' rate, which, guess what, is
0%.
To read the rest of this article, please click here
|
New Tax Penalty hits Rebate Claimant
A self-employed Kent tradesman who overclaimed a £3,000 tax rebate
was forced to hand over £400 to the HMRC after falling foul of the
department's new penalty regime.
According to McGrigors, the law firm that
represented the unnamed taxpayer, the penalty was incurred because his
original calculation of the size of the rebate was inaccurate. The
claimant thought he was owed £3,000 but the the actual amount was
£1,000.
Under the old penalty system, HMRC fined taxpayers who had either
underpaid their taxes or were late in paying their taxes or submitting
their tax returns. With the new regime, HMRC can now levy penalties on
individuals and businesses for inaccuracies in tax returns and other
documents, and can fine them even if the taxpayer is owed money. In this
case, the taxpayer was fined 70% of the £2,000 difference between the
size of his claim and what he was actually owed, which amounted to
£1,400.
To read the rest of this article, please click here
|
As
a small to medium sized business in these current times, it may
interest you that Keepers Accountancy are making radical changes to
ensure you have the opportunity to cut your business costs, get more sales, and improve
your profits.
At
the same time, get the full resources of a proactive, "on your side" Accountancy service that is not only willing to assist with any aspect
of your business, but will also include all the support in our annual
fixed fee (no surprise bills).
Savings on your
Tax liabilities ..............................GUARANTEED
When choosing Keepers, save a
minimum of 25% on your current fees...............................................................................GUARANTEED
Free
advice as and when you need it .....................GUARANTEED
Free
support throughout the year, not just at the end of the
year ..............................................................................GUARANTEED
Fixed
annual fee and no surprise bills ..................GUARANTEED
Free
budget forecasts, cash flow and managerial
reports .........................................................................GUARANTEED
Our
final Guarantee...if you are unhappy with any aspect of our work,
please tell us and we will, without question, respect your right to pay
whatever amount you feel is more appropriate. .........................................GUARANTEED
At Keepers, we are
always trying to think of new ways that we can help you, and not just
with your accounting either! With customer service, and expertise, like
ours, surely you would be mad not to be with us?!
|
Possible VAT Change from 1st July
VAT specialist and former Taxation writer of the year Neil Warren
added his voice this week to the chorus of advisers anticipating a VAT
rate rise this summer. "I think it'll be 20% from 1 July," Warren told AccountingWEB. "The
European Union average is 19.6%. The change could be significant for
businesses considering commercial property purchases, he added. Many
firms have to pay VAT on such transactions and a 2.5% rate increase
could make a significant difference. "If you have clients who are planning property purchases, I would
advise them to get a move on," Warren said. To read the rest of this article, please click here |
Banks and other financial institutions face paying
two new taxes to fund future bail-outs, the BBC has learned.
Business
editor Robert Peston said the global proposals by the International
Monetary Fund (IMF) were "more radical" than most had anticipated.
All
institutions would pay a bank levy - initially at a flat-rate - and
also face a further tax on profits and pay.
To read more about this, click here
|
Something
For Nothing!
As you already know, we stay up all night, every night trying to find something
that can improve your business, either by improving efficiency, trying out a
new marketing method/approach, reducing overheads, etc.
Well, this week is no different; we have discovered something that will cost
you absolutely nothing to implement, and will, if you don't already have one,
improve your business significantly, by both increasing efficiency and trying
out a new marketing approach.
It is of course a Website.
I can hear you already saying 'You lied. You said it costs absolutely nothing
to implement, and you have to pay for a website'. Well, here's the magic;
we've found a way that, if you don't already have one, you can create a website
for free. That includes the domain name, the software to design and publish
your site, and hosting! For nothing! What's more, if you aren't great with
technology, we will also teach you how to use the software to design and
publish your site!
As those of you who already have a website will know, the internet is
transforming business as we know it, and anyone who isn't already on the web,
should be.
Which is why we have been looking for something like this. So, if you would
like to know more about this, please either click here, or call Ben on 0800 612
2008. |
|
Thanks for reading. You can find us on our website, Facebook, Twitter or
LinkedIn; just click the relevant link at the top of the Newsletter.
Ben
& Chris
|
|
|
