Bottomline
Spring 2012
It's 7:55pm on Wednesday 22nd February, 2012
Deadlines! Who needs them?
January is one of the busiest months in an accountant’s calendar because of the 31 January self assessment deadline. The busy lives of business clients can also mean that sometimes the information necessary to complete the tax return is sent in as close to the deadline as possible. But is there a better way? The [...]
Posted by
Isabel Bamber
in
Advice for Businesses
On February 21 2012
Using the family firm to reduce university costs
Sending your child to university will become even more expensive from September 2012 when most universities’ tuition fees will rise to £9,000 annually. While tuition fee loans are generally available, there is a shortfall for maintenance costs. Grants are not available for households with income exceeding £42,600 and loans for living costs range from between [...]
Posted by
David Bennett
in
Advice for Businesses, Advice for Family businesses, Tax
On February 21 2012
Understanding funding options: Private equity and venture capital
PE and VC funding involves the funder becoming an investor in your business and thus being entitled to a share of the profits, which arguably, makes it expensive. Just as importantly, PE and VC diminishes control of your business because the investor often wants a seat on the board. From day one, you will need [...]
Posted by
Paul Bennett
in
Advice for Businesses, Corporate finance
On February 21 2012
Understanding funding options: Invoice discounting and stock finance
The time when invoice discounting was seen as ‘finance of the last resort’ is well in the past and it is now a mainstream source of finance that often sits alongside other funding options, including debt. In general, for regulatory reasons, and where appropriate, banks prefer to offer invoice discounting rather than overdraft facilities. How [...]
Posted by
Jane Harrison
in
Advice for Businesses, Corporate finance
On February 20 2012
Changes to unfair dismissal rules
Overall it looks as though 2012 will see only a limited number of changes for employers to tackle, although there continues to be a fair amount of activity in the pipeline, with much still to be confirmed. Unfair dismissal period By far the highest profile change is the extension to the qualifying service for unfair [...]
Posted by
Tina Clayton
in
Advice for Businesses, HR
On February 20 2012
How Lexcel accreditation can strengthen your law firm
Regular readers of my blog will know I have talked on numerous occasions about the benefits to law firms of gaining Lexcel accreditation. While I have alluded to the benefits in a number of posts, I’ve decided to focus this blog entirely on the reasons why I think law firms should be looking to gain [...]
Posted by
Karen Hain
in
Advice for Professional practices, Impact of Legal Services Act
On February 17 2012
The New ‘Patent Box’ regime
On 6 December 2011, the Government published draft clauses for legislation to be included in Finance Bill 2012, and other tax updates. The draft clauses will be open to consultation until 10 February 2012. This included the issue of draft clauses for the new ‘Patent Box’ regime. Following extensive consultation, which included publication of consultation [...]
Posted by
Richard Hall
in
Advice for Creative and Digital businesses
On February 14 2012
How can I manage my Drawings Tax Efficiently?
In the current economic climate everyone is looking closely at their own finances, from income to expenditure on utility bills etc. But for GPs, how many look at their pattern of drawings and how this can be used to minimise income tax? With income tax at 40% for higher rate taxpayers and 50% for those with taxable income above £150,000 even relatively simple steps can provide significant savings.
Posted by
Gareth Rose
in
Advice for Healthcare businesses
On February 10 2012
