Brian Russell

Newsletter October 2021

Newsletter October 2021 In our newsletter October 2021 Covered in the newletter: Do you really need to be busy Increases in NIC and tax on dividends HMRC postpone the start of MTD for Income Tax The end of Furlough for employers The increase in VAT rates for the...

How busy are you?

How busy are you? Too Busy! What would your reaction be if you were chatting to a friend with a small business and you asked them "How busy are you?" and their reply was “Not really, I suppose I only do two or three days a week!” You might feel concerned for them and...

NIC and Dividend Tax Rates

Proposed NIC and Dividend Tax Rates The government has recently brought forward plans to change the funding of social care with a proposed increases in NIC and dividend tax rates . It is proposed that there will be a 1.25% rise in National Insurance Contributions...

Making Tax Digital for Income Tax

Government Postpone Making Tax Digital for Income Tax to 2024/25 Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they will introduce Making Tax Digital for Income Tax Self-Assessment (ITSA) a...

Writing a Simple Business Plan

Writing a Simple Business Plan ? Planning is a key element to running a successful business. To get where you want to go, writing a simple business plan will help you think about what you are doing and why and if you are looking at raising finance from a bank or...

Newsletter September 2021

Newsletter September 2021 In our newsletter (September 2021): The need for businesses to have forecasts Furlough ends 30 September The end of the Hospitality 5% VAT rate again on 30 September 2021 The start of Help to Grow: Digital another government backed grant...

Forecasts

Forecasts? What forecasts? TV and Radio stations always have weather forecasts at the end of their news slot. And for most of us these have little more impact than whether we will need a coat in the morning or perhaps choosing to plan outside activities at the...

Newsletter August 2021

Newsletter August 2021 In our latest newsletter (Newsletter August 2021), we have articles covering: Why you need to work on your business strategy and the power that an external perspective  can bring to your decision making process 5th (and final) round of HMRC's...

Unique Selling Point

Unique Selling Point A useful tool for deciding how to ‘position’ your products and services is the Porter Generic Strategy Model (developed by Michael E. Porter (1998), Harvard Business School Professor and author of numerous texts on strategy). The model suggests...