Essential Business Growth Principles

If you need any help regarding this, please click here or ring us on 0800 612 2008

If you would like more Tax Tips, why not download our specially designed Tax Kits?

Or, to get more specific advice, use our free Ask an Accountant service!

Questions that Change Your Mind

Anton Chekov expected 'I shall be a student to the end of my days'. What are you learning at the moment?

Andrew Sercombe

andrew@powerchange.com

Powerchange - a new way of thinking.

Quote Of The Week

Determine never to be idle. No person will have occasion to complain of the want of time who never loses any. It is wonderful how much may be done if we are always doing.

Thomas Jefferson

Scan This!

Joke of the Week

Accountants aren't boring people, we just get excited over boring things.

We want you to be a part of your Newsletter,

so please send us your jokes!

Free Useful Business Forms

We have a new resource on our website, where you can get all the forms you need for dealing with the Taxman and Inland Revenue.

You can now also download Tax Helpsheets, tailored around specific elements of Tax.

To have a look, click here.

Sponsoring the Brainteaser

If you are interested in sponsoring our Brainteaser, click here to learn more about the benefits of doing so, and how it works.

Article Features?

If there is any content that would like to see feature in this Newsletter please contact us and we will be only to happy to discuss this.

If you found this information valuable, please forward this email onto a friend or colleague.

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Greetings!

The answer for the last Brainteaser competition (Hot Dogs) was: 72 Hot Dogs.

Congratulations to Paul White, from Aerco, who won last week's BrainTeaser, and will be enjoying his bottle of wine probably as we speak!

The last BrainTeaser was sponsored by Audio 7.

This week's BrainTeaser is sponsored by Plum HR.

BrainTeaser - Triangles

This morning I asked my math class to find the areas of two right-angled triangles. Lottie-Lu's hand shot up immediately, so I asked her the first one.

"24" she announced.

She was right (for a change!) and I made the mistake of asking her how she did it.

"Easy. Just add all the sides together."

I was about to correct her and say it was just a coincidence, when I noticed that her method worked on my second triangle as well!

Lottie-Lu must have caught my frustrated thoughts. "Well, it works, doesn't it?" she chirped.

What were the side lengths of the two triangles I had drawn on the board this morning? They were all whole numbers.

Click here to email us the answer!

This week's BrainTeaser is being sponsored by Plum HR. If you would like to know more about the benefits of sponsoring our BrainTeaser, click here.

2 Minute Quicksave Taxbuster!

We have a new resource up on our website! Except this time, it's interactive!

As you probably guessed by the title, it's designed to save you money on your tax liability!

It's a series of 6 questions, which will take you no longer than 2 minutes to complete, and once you've completed the Taxbuster, we'll know

exactly where we can save you money, if we can.

Once you've taken the Taxbuster, you'll get your own personalised report which will tell you if, and where, we can save you money. If we can, we strongly advise you to give us a call.

To take the Taxbuster and see if we can save you some money, click here.

Client Spotlight - Plum HR

, my name's Judy, and I'm the Owner/Manager of Plum HR Solutions.

I'm a diplomatic and highly experienced HR Manager, used to reporting at Board level, with the ability to work, confidentially, on my own initiative and under pressure. I have excellent interpersonal and communication skills, with tact and ability to deal with difficult situations. I am highly organised with strong numerical and IT abilities.

Covering the majority of the South East, Plum HR Solutions was set up specifically to offer small to medium-sized businesses HR support and advice. Many businesses cannot afford to hire a full-time HR professional, so that's where Plum comes in! Pay for what you need, when you need it.

Whilst Plum HR is a new business, we are made up of HR professionals with many years experience in human resources covering both the private and public sectors.

We provide realistic and cost-effective ideas and advice. Plum HR exists because we understand your business requirements.

We are your interim HR department, offering new business start-up packages, raising employee contracts, settling employee disputes, redundancy programmes, effective change management and more.

We are currently a Sole Trader, but we're looking at becoming a Limited company in the next few weeks!

enquiries@plum-hrsolutions.co.uk
www.plum-hrsolutions.com

Corporation Tax

This is where you can learn all about Corporation Tax - what it is, the rates, who needs to do it, what you need to do for it, submitting online, what an 'accounting period' is, and how to work out your taxable profits.

Corporation Tax is a tax on the taxable profits of not only limited companies, but also other organizations, such as clubs, societies, associations, and other unincorporated bodies.

This article will give you a basic overview of Corporation Tax.

What is Corporation Tax, and who is subject to the requirements?

Taxable profits for Corporation Tax include:

Profits from taxable income, such as trading profits or investment profits (except dividend income, which is taxed differently)

Capital Gains - for Corporation Tax purposes, this is known as 'chargeable gains'

If your company, or organization, is based in the UK, no matter where your profits come from, you will have to pay Corporation Tax on all of your taxable profits.

If, however, your company isn't based in the UK, but operates in the UK - for example, through a branch or office (known to HMRC as a 'permanent establishment') - you'll only pay Corporation Tax on any taxable profits arising from your UK activities.

Click here to read the rest of this article.

Accountancy and Business Development; Shouldn't They Go Hand In Hand?

The simple answer is yes. Think of it this way; why would you want to pay two separate companies for a service that you can get from one?!

It's insane! For the price of your normal accountancy bill, if you choose the right accountant, you can get both accountancy and business development services for the price of one!

Who else is better positioned to tell you exactly where you are spending too much money? Or where your company is seeing a good ROI (Return On Investment)?

With the help of a proactive accountant, you can fine-tune the financial element of your business to help you make more profit.

A lot of accountants have now started providing a service called Benchmarking.

Benchmarking is basically the process of comparing a client's business processes and performance metrics to industry bests, and their main competitors.

With benchmarking, you can see exactly how well you are stacking up against your competition, as well as being able to see what the biggest players in your industry are doing, and more importantly, how.

Click here to read the rest of this article.

Our Webinar

As you know, we've started a series of Webinars focussed on Inbound Marketing.

We've already published our first Webinar, which was shown live to viewers on the 12th April. If you missed it, you can watch this webinar here.

Our next Webinar will be on the 12th May at 3pm. If you booked a place for the last Webinar, you will automatically be emailed new login details for this Webinar. If you didn't book a place for the last one, and would like to find out more, or book your place for these Webinars, click here.

Comedy Zone

Thanks for reading. You can find us on our Website, Facebook, Twitter or LinkedIn; just click the relevant link in the quick link section of this Newsletter or the relevant icons below.

Ben & Chris