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The Power Of Saying “No”

It’s important to be able to say “no” at work without making enemies. It’s a simple word, but one that far too many of us have trouble saying. Perhaps it is because you’ve become successful by saying yes to every business opportunity, every request that has come your way, in order to grow your business […]

Read more September 24th, 2019

Creating A More Inclusive Workplace

Diversity and inclusion are hot topics as society is driving firms to become more inclusive. Most business owners and managers are well aware of the value of having a diverse workforce. Different views, different experiences and different ways of thinking among team members can help businesses to come up with new and innovative ideas. However, […]

Read more September 23rd, 2019

How To Raise Your Prices Without Losing Customers

The cost of running a business goes up every year, but when was the last time you increased your prices? Many business owners and managers worry that if they were to increase prices, they would lose customers. However, a customer will often be willing to pay a higher price if they feel they are getting […]

Read more September 23rd, 2019

Return On Investment In Marketing

Calculating return on investment (ROI) on marketing activity has been a longstanding challenge for businesses. Return on investment in marketing is a metric used to measure the overall effectiveness of a business’ marketing strategy. This helps the management team to make better decisions around future marketing investments. Marketing activity adds value to different business functions […]

Read more September 23rd, 2019

Government U-Turn On Pension Tax For Doctors And Others?

In previous articles, we have reported that hospital doctors and GPs were lobbying the government to amend the pension tax rules. The current system of restricting tax relief on pension contributions means many doctors paying almost all of the extra salary back in tax if they take on additional responsibilities or work additional shifts. This […]

Read more September 16th, 2019

Company Officers Jointly And Severally Liable For VAT Penalty

The decision in a recent tax tribunal case reminds us that directors and other company officers may be personally liable for VAT penalties of their company. The recent case involved a penalty for late registration for VAT where the threshold had been exceeded. Three conditions must be satisfied before the liability for a penalty payable […]

Read more September 16th, 2019

Tax Definitions Of Vans & Cars

When is a van not a van? HMRC are being urged to provide clarity and consistency on the tax treatment of commercial vehicles such as VW Kombi Vans marketed as goods vehicles. The need for clarity follows the ruling in an important tax tribunal case involving “vans” provided to employees of Coca Cola. The court […]

Read more September 16th, 2019

Brexit: What Now For Businesses That Trade With The EU?

There is still uncertainty around what Brexit will mean and planning for a “No Deal” scenario seems sensible right now. Businesses that buy and sell from the EU should have contingency plans in place which will need to be flexible to cope with a variety of possible outcomes. If a ‘No Deal’ happens after October […]

Read more September 13th, 2019