23 May 2018 | Firm News, Corporate Finance, Efficient Reward Strategies
For many years accountants have advised owner managers to adopt a reward structure of low salary/high dividend when they are operating through a limited company. This nostrum has had a consequent influence on the valuations when we have to value a minority interest in...
18 May 2018 | Firm News, Personal Tax Planning, Property Services
There have been quite a few changes to the taxation of rental income and rental properties in the past few years – removal of “Wear & Tear” allowance, restriction of relief for loan interest, increased exposure to Stamp Duty Land Tax, extra Capital Gains Tax. And...
14 May 2018 | Firm News, Management Accounts, Rescue, recovery and turnaround
(This is a summary of an actual case. The names and details have been changed slightly to protect the offending parties.) B Ltd was a relatively young metal fabrication company, set up by an entrepreneurial character (let’s call him Richard B) who saw a gap in the...
9 May 2018 | Firm News, Corporate Finance
When I produce the Company Accounts, I often produce graphs of various ratios to discuss at the meeting, some of which would feature in the reports produced by Dun & Bradstreet, Credit Safe and Experian. Often these show a figure off trend and I might tell the...