Are you in the fortunate position of having cash sitting in the bank, but unfortunate because it is earning very little? If this is you then please read on. Our associated companies invest in the property market place, in both Derby and Nottingham, we are looking for seed capital to get projects off the ground, once projects … Continue reading Investment opportunities
Changes, that came in on 1st April 2017, to the VAT Flat Rate Scheme (FRS) and have supposedly been introduced to tackle "misuses" of the scheme by some small businesses. The changes mean that now businesses that operate the FRS will now need to determine whether they are a "limited cost trader" (LCT). Those that spend … Continue reading VAT changes that will effect small businesses.
Source: FSB Billions of pounds in EU funding dedicated to supporting small firms must be replaced to avoid the risk of an economic slowdown post-Brexit, according to the latest Federation of Small Businesses (FSB) report. FSB is calling on the new Government to seize the opportunity presented by Brexit to radically reform England’s business support … Continue reading Brexit funding gap a threat to growth and productivity
The presentation given by Milestone Management Solutions Ltd.'s MD Tony Miles to address the recent changes to property taxation and what it means to you sole Trader and Partnership Property Investors. Personal Tax The current Personal Tax rates are: - Personal Allowance increased to £11,500 – 0% rate - Basic rate limit increased to £45,000 … Continue reading Presentation to Progressive Property Network – Derby on 9th May 2017
Source: HM Government | | 27/04/2017 Following the Prime Minister’s unexpected announcement that there will be a snap general election on 8 June 2017, Parliament will now be dissolved on 3 May 2017. After this date, no further legislation will be passed until Parliament opens again after the election. The scope of the Finance Bill … Continue reading Update on Finance Bill 2017
There a four company structures that a business owner can choose from, each are very different in their ability to protect your assets, generate cash inflows and create timing benefits. These can be explained as: Sole trader, this is defined as you run your own business as an individual and are self-employed. Being a sole … Continue reading Company structures – the pros and cons.
Do you need to appoint a company secretary? Since the implementation of the Companies Act 2006, limited liability companies are now longer obliged to appoint a company secretary, although there may still be benefits to doing so. From 6th April 2008, limited company directors can now decide whether to appoint a secretary. If a secretary … Continue reading Responsibilities of a Company Secretary
In the past year we have seen the introduction of a new five pound note and the new 12 edged pound coin having been introduced into circulation on 28 March 2017. The new pound coin has been introduced in a bid to reduce the amount of counterfeit coins in circulation, which in turn causes a … Continue reading How will the new one pound coin affect your business?
Limited company director duties and responsibilities When you become a director of a limited company, you are entrusted with several responsibilities and duties, to ensure that you run the company properly, and comply with company law and a wide range of rules and regulations which cover everything from paying your tax on time, to how … Continue reading Responsibilities of a Company Director
This month’s book recommendation is "Tools of Titans - the tactics, routines and habits of billionaires, icons and world class performers" by Tim Ferriss. “I created this book, my ultimate notebook of high-leverage tools, for myself. It’s changed my life, and I hope the same for you.” Tim Ferriss. This was my holiday read and … Continue reading Book recommendation – “Tools of Titans – the tactics, routines and habits of billionaires, icons and world class performers” by Tim Ferriss