Recently, a husband and wife came to me explaining they wish to go into business partnership together. The first question I asked them: Did they have a partnership agreement? To which they said: No. I pointed out the three main reasons why they must have a partnership agreement. One, the partnership agreement explains what happens […]
A client of mine runs his business as a sole trader even though it is very successful. He maintains his status as a sole trader is so that no information is in the public domain. If he ran his business as a limited company, he would have to file accounts with Companies House and thereby
Should Your Business Be Formed as a Sole Trader or Limited Company? Read More »
https://youtu.be/iUTzdVySocc A contractor recently called who was concerned about the losses he was making on some of his contracts. I explained to him that there are three key areas that he has to make sure he’s got strong controls. The first one is the production of his tenders. The second aspect was planning of his
Are You a Building Contractor Who Makes Losses on Some of Your Contracts? Read More »
A client who works for a big international company as its manager has to drive at least 9 to 10 thousand miles a year on behalf of his employment. He is currently paid 20p per mile. Because he can claim up to 45p a mile, he is entitled to claim the difference. This means he
Are You Claiming All The Relief That You Are Entitled to Against Your Employment? Read More »
https://youtu.be/cdZyNzFsKsc I recently went to see a wine bar operator who was thinking of stopping the sale of his food because he was not making any profit on it. I explained to him that this was common with wine bar operators because they were more concerned with the sale of the drinks than producing food.
Does Food Drag The Profits of Your Wine Bar Down? Read More »
There is actually such a thing as a gift economy or gift culture. It is a society where valuable goods and services are regularly given without any explicit agreement for immediate or future rewards (i.e. no formal quid pro quo exists). Ideally, simultaneous or recurring giving serves to circulate and redistribute valuables within the community.
It\’s Only Money! Some Trivia Surrounding the World of Finance! Read More »
This month began with recording demo’s for the new regional BBC radio jingles. Our client in Seattle asked us to book some UK session singers to try out as their US ones couldn’t quite get the accent right. We did the same last year for Heart FM. Theatre Show Next up was mixing a live
Bleach Productions and The Crypt Studio Read More »
https://youtu.be/ii7RXb2Gz7s A client who recently set up a consultancy business had no associated costs or expenses and therefore no VAT inputs. Flat Rate VAT Advantages I recommended that he file for VAT registration immediately on the flat rate basis. This had three advantages: One, it would enhance his reputation both with his suppliers and his
A lot of accountants charge their clients for every phone call, meeting, email, and the client is afraid to call them because he is unsure of where his fees are going. It appears to be open ended. At Green and Peter, we charge our clients on a fixed fee basis. This means that we encourage
Does your accountant charge you by the minute? Read More »
MILKNOSUGAR With a diverse client list, which includes/has included Virign Atlantic, Virgin Mobile, Jaguar, Nuffield Health, the Royal Opera House, Permira, Microsoft and Nokia, Milknosugar creates lasting, memorable and appropriate communications for any audience. It believes in the power of dialogue to make a brand live and linger in the mind. From brochures to websites,
Milknosugar, Greg Sheridan … and Lopsided Charlie! Read More »