Blog
Are You a Building Contractor Who Makes Losses on Some of Your Contracts?
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...
Are You Claiming All The Relief That You Are Entitled to Against Your Employment?
https://youtu.be/c2tsZjZO_mw 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...
Does Food Drag The Profits of Your Wine Bar Down?
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...
It’s Only Money! Some Trivia Surrounding the World of Finance!
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...
Bleach Productions and The Crypt Studio
This month began with recording demo's for the new regional BBC radio jingles. https://youtu.be/0qq0vsj8010 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...
Are You Aware of the Advantages Registering for Flat Rate VAT Can Have for Your Business?
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...
Does your accountant charge you by the minute?
https://youtu.be/tkmt7yyqIZw 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...
Does Your Wine Bar Generate Enough Profit From Its Sale of Drinks and Beers?
https://youtu.be/uVf6WyVl58g A wine bar operator was concerned about the level of profit from the sale of his drinks. I explained to him that it was very important to have proper stock controls for wines, beers, and draught beers. Particularly with his draught...
Eat, Drink & Be Merry At Christmas.. Courtesy of the Tax Man!
The Staff Xmas Party Did you know that companies can provide a Christmas party for staff and claim up to £150 per head as a tax deduction? If you extend your kind invitation to partners also, you can double this bounty to £300! Give Your Lovely Customers a Little Gift...
Does Your Restaurant Spend Too Much Money on Wages?
https://youtu.be/Vp44HUkdTHo I recently went to see a restaurateur who couldn’t understand why his wage costs were so high. I looked at his systems and procedures and went through how he was recording his wages. I suggested to him that he should make...