Q: My client is a chef and has built up a successful website subscription service supplied to individuals. In return for the subscription payments, customers can sign in to the website, download PDF recipe cards, watch pre-recorded content and … Continue reading VAT Question Of The Week – VAT MOSS and No-Deal Brexit
If there is a “No-Deal” Brexit then there will be important changes to the VAT100 form. How many people actually understand what these changes are likely to be? HMRC propose that Boxes 8 and 9 change to include the value of all exports (8) … Continue reading Brexit Update – VAT Returns
As of now, the UK is scheduled to leave the European Union on 31 October. It is still unclear, however, whether and how this will happen. A deal could be agreed between the UK and the EU, meaning that a transitional period would begin, during which … Continue reading Preparing For A No-Deal Brexit
A client recently asked us to value his company, which is something every business or company owner thinks about - what is my business or company worth? Valuing a company or business is not an exact science and a lot depends on opinions and … Continue reading Case Study – Valuing a Business or Company
Q: I am assisting the trustees of a Discretionary Trust in bringing the trust to an end by distributing the remaining cash and assets to various beneficiaries. This involves IHT payable on the exit charges and the trustees would like certainty that … Continue reading Tax Question Of the Week – Inheritance Tax
So, you want to be your own boss? Studies that suggest the under 25's group have a growing desire to be self employed. How much do we know about the routes to self employment, the risks and the rewards? Tip Of The Iceberg On the surface, … Continue reading Buying A Business? The Struggle Is Real
With 500,000 businesses believed to change hands every year, you may be curious as to why? Avanti work with businesses across multiple sectors and see businesses change hands for many different reasons. The truth is, it is not always a failing … Continue reading Thinking Of Buying a Business – What Do You Need To Know?
I have a company client and they have taken a number of loans in recent years that remain outstanding, business is improving and the company is going to start paying interest on those loans. They have a mixture of loans; one from the director, one … Continue reading Tax Question Of The Week – Duty To Deduct Tax
Q: My client is an independent mortgage advisor, who is not VAT registered. Her turnover is above £85,000 and all of her income is either commission, which is paid by UK lenders, and flat fees received from customers seeking a mortgage. In the last … Continue reading VAT Question Of The Week – Financial Intermediaries
Many business owners will build a business from scratch, grow it, and then the time comes to move on. Time to find an appropriate buyer... You will have invested time in preparing a valuation and taking all the steps to get your business … Continue reading Selling Your Business – What Should You Ask Prospective Buyers?
We work with business owners across many varied sectors and for many business owners, a common question is... am I in a position to hire staff? Employing people can be a costly exercise, you need to be sure that you can sustain the ongoing costs … Continue reading Tips for SMEs – Is it better to outsource than employ staff?