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Tips & Advice You & Your Business

Your fortnightly guide to maximising your personal and business profits

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In the most recent issue you'll find advice on...


Year 18 - issue 14 - 21.04.2017

BREXIT

Preparing for Brexit

The government has released official guidance for businesses on the Great Repeal Bill. It explains how the UK will take back control of its laws following Brexit. What do you need to know?

LEGAL COMPLIANCE

Can “off the record” bypass confidentiality rules?

Your business has been asked to disclose information which is clearly confidential. The person who’s asking for it says that if it’s given off the record, there will be nothing to worry about. Is this correct?

TAX - CARS

Tax deductions - what’s the best company car?

Tax relief for the cost of company cars can be allowed all in one year or take over 20 years. This makes a big difference to your cash flow. What types of car should you choose for the best results?

HEALTH AND SAFETY

Health and safety costs small business £90,000

A small business has been fined £60,000 and ordered to pay costs totalling nearly £30,000 for breaching health and safety laws. What did it do wrong and how can you avoid making the same mistake?

TAX - BENEFITS

How to ensure tax relief for your home broadband

While most of your working time is spent at the office, you also need to work at home. This means going online, but HMRC refuses to allow a tax deduction for any of your broadband costs. What steps can you take to improve tax efficiency?

PERSONNEL

Can employees sit on their own chairs?

An employee has asked if they can bring in their own office seating as it’s “far more comfortable” than the standard chairs you provide. Can you allow this, especially as they want to bring in something that’s unconventional?

RAISING FINANCE

A different type of share in your company

You need to raise money to expand your business, but the bank won’t lend sufficient funds and the shareholders don’t want to water down their stake by issuing ordinary shares to outside investors. Might preference shares be a viable alternative?

PENSIONS

The Pensions Regulator to make spot checks

DATA PROTECTION

Companies fined for checking customer details

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