Financial Tip

Is business your route to personal wealth?

ad+ helps ambitious business owners

Whatever type of business you run, we love to assist ambitious business owners.

Personal
wealth is increasingly being created within successful businesses. 94% of the
people on last year’s Rich List were self-made. Technology is producing some of
the fastest growing businesses and personal fortunes.

Want more good news? Analysis by the Syndicate Room found that the 506 start-ups examined grew […]

What’s the best way to keep your customer happy and remain profitable?

How hard do you work to make a disgruntled client a delighted client?” asks Paul Shrimpling in his latest ‘business bitesize’ newsletter. That great question, supported by fresh research insights, and practical advice from Paul got my mind buzzing early this morning. We all know that a happy and loyal customer can be a profitable customer. Paul’s advice is especially […]

Tax relief on plant and machinery

Up to £1,000,000 of investment in plant and machinery by businesses may be eligible for tax relief. The minimum eligible investment is £200,000.

This is a temporary arrangement which is designed to encourage business investment by accelerating tax relief.

The investment can be paid from business cash or borrowed funds.

The timing of the investment can affect the amount of tax relief.

Only certain […]

Pay less tax

Ignoring tax saving opportunities could cost you a lot. Between now and 5th April is your last chance to cut your tax bill for the current year by utilising a series of perfectly legal steps.

The correct tax advice depends on your specific circumstances. Get in touch with David Charles to arrange your initial discussion with our tax specialist.

E:  dcharles@adplus.co.uk

T:  0141 […]

Who else wants to transform business results?

 

You know you have created a good business plan, but the results are disappointing. Sure, the team has made some progress, but just not enough. It’s frustrating trying to get your plan implemented.

Why does this happen?

What could you do to increase your chance of success?

It’s sobering to recall that we all have the same 24 hours per day, but some […]

You have less than one month to get ready for Making Tax Digital

On the 1st April 2019, almost all VAT-registered businesses will be required by HMRC to make digital VAT returns every quarter. Is your business ready? 

You could invest in new digital accounting software and staff training, or you could relieve your business of the entire processing burden by outsourcing all your bookkeeping and VAT Return work to ad+ Chartered Accountants.

We regularly receive […]

Can you afford the increased Auto-Enrolment payments?

On 6th April 2019 your business and your employees must pay more into the auto-enrolment pension scheme operated by your business. Your business must increase minimum pension payments from 2% of qualifying earnings to 3%; plus, your employees must increase their minimum payments from 3% to 5%. Those increases represent yet another blow to profitability and to take-home pay.

Can your […]

Keeping your plan numbers up-to-date with changes in market conditions

Whether the change is good or bad, you must adjust your implementation action steps to keep in line with those changes. For example, recently, there’s been Brexit, trade wars, China’s slowdown, digitization, 3D printing, and any number of new competitors. Any one of these could render your implementation plans out of date and ineffective.

Another aspect of business that is changing […]

  • Special Purpose Vehicles (SPVs)

Small-Scale Property Development: Special Purpose Vehicles (SPVs)

‘Special Purpose Vehicles’, or SPVs, are becoming more common as a means of operating small-scale property developments.
What is a Special Purpose Vehicle
A Special Purpose Vehicle (SPV) is a legal business structure which has been created for a specific, usually limited, purpose and which has specific, usually limited, powers. It can be thought of as a business that has been tailor-made […]

Small-Scale Property Development: Another source of funding?

Several local business owners have asked us about two comparatively new developments associated with small-scale property developments. We would like to share some information on these topics with you. We start with crowd funding.
Another source of funding?
Crowd funding can raise debt (loan) or equity (share) capital.

The majority of conversations we have had with local developers have been focussed on crowd […]