BUSINESS
Accountants have a lot more to offer businesses than simply doing the books D
id you know that ac- countants can save you money if you come and talk to us?
This year you can spend up to £100,000 on new assets for your business and claim 100 per cent allowances for tax.
This will end in April 2012 and the allowance will fall to £25,000 so if you have plans to expand your business, talk to an accountant. Also, if you register for VAT, you can claim back the VAT on services received up to six months before register- ing and on assets bought up to three years before you registered - so long as you still own them. If you are a business that usually receives a repay- ment of VAT at the end of
30
FOR AS long as they have been around, accountants have helped businesses add up figures and work out tax. However, as accountant Dr Shona Wardrop, associate at Oban’s R A Clement Associates, explains, they have so much more to offer.
each quarter, you can ask for monthly returns and get your VAT back sooner - a big help with cashflow.
Did you know that your tax code could be wrong? Your tax code is critical to pay- ing the right tax at the right time.
An accountant can tell you what the tax code means and if you have the correct code for your situation. You don’t want to pay too early or too much, or face an un-
expected tax bill at the end of the year. This is even more important if you have several sources of income, from employment, self em- ployment or pensions. Accountants are here to lis- ten and to help you make the most of your business, your cashflow and your life. You may only need an hour of our time and your initial consultation with some ac- countants is free of charge.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44