Accountants in Earls Court

Different Classes of Ordinary Shares

Posted by on September 24, 2014 at 12:15 pm

Majority of the companies have just the ordinary shares. They carry one vote per share, are entitled to participate equally in dividends and, if the company is wound up, the ordinary shareholders will share the proceeds of the company’s assets after paying all the debts However, there are some instances where companies create different classes of ordinary shares, e.g. […]

Boosting Your Pension Entitlement

Posted by on March 6, 2013 at 10:01 am

There are situations where planning a tax and NI is an efficient way and becomes important to draw income from your pension. However, you need to think long term before doing this. If your business can justify the fact that paying a low salary to your spouse, is it worthwhile doing this, given the extra […]

Autumn Statement; What’s in it For the Savers and Pensioners

Posted by on December 28, 2012 at 10:59 am

For savers, the annual ISA contribution limit will rise modestly from the current level of £11,280 to £11,520 from April 2013, a rise of 2.1%.. But previously it was said that this would be increased in line with inflation. What about pensions? The basic state pension will rise by 2.5% next year to £110.15 a […]

How to use Vouchers for Tax Savings

Posted by on March 30, 2012 at 12:24 pm

If you’re looking for a low admin benefit to be given to your employees, vouchers may be the answer. The range of goods and services you can provide this way is huge, making them more appealing to your employees.

Budget 2012; Key Points at a Glance

Posted by on March 22, 2012 at 12:29 pm

Income tax Personal allowance to be raised up to £9,205 from April 2013; this is a move according to the government that will make 24 million people £220 a year better off. But 300,000 more people will be drawn into the higher rate – 40% – tax band from 2013/14 as the threshold is brought […]

The Consequences of VAT Rise on Quartely VAT Bills

Posted by on June 17, 2011 at 10:06 am

Rise in the VAT from 17.5% to 20% has defenitely had a big impact on small businesses and households throughout the UK in terms of their quarterly VAT. At 17.5% the UK had the lowest standard rate of VAT and the only 0% rate on food of any major EU member state.

How to Manage the Cash Flow of Small and Start-up Businesses

Posted by on June 9, 2011 at 7:40 am

With more and more small and start-up businesses emerging with the economic revival than it is vital that they receive the best advice possible in terms of their accounting, tax and cash flow requirements. One key area among all that many new small businesses are found foul is the cash flow. Often the issue being […]