18 May 2018 | Firm News, Personal Tax Planning, Property Services
There have been quite a few changes to the taxation of rental income and rental properties in the past few years – removal of “Wear & Tear” allowance, restriction of relief for loan interest, increased exposure to Stamp Duty Land Tax, extra Capital Gains Tax. And...
14 May 2018 | Firm News, Management Accounts, Rescue, recovery and turnaround
(This is a summary of an actual case. The names and details have been changed slightly to protect the offending parties.) B Ltd was a relatively young metal fabrication company, set up by an entrepreneurial character (let’s call him Richard B) who saw a gap in the...
9 May 2018 | Firm News, Corporate Finance
When I produce the Company Accounts, I often produce graphs of various ratios to discuss at the meeting, some of which would feature in the reports produced by Dun & Bradstreet, Credit Safe and Experian. Often these show a figure off trend and I might tell the...
30 Apr 2018 | Firm News, Corporate Finance
Normally when one values a company or the shareholding in that company, we assume that the purchaser is a rational investor. He is not involved in the management company. He is purely an investor looking at the return he is likely to enjoy should he choose to invest...
26 Apr 2018 | Firm News, Business Plans and Cashflows, Financial Mentoring
It’s always a little disconcerting when you get your mark up and margins confused or the wrong way round, as this can have a catastrophic effect upon the business taking it from profit to loss, and the risk of stopping after running out of cash. Yet how are we...
