awaccs.co.uk

Twitter Tax Advice week 2010-03-15

• Read my latest post on getting professional advice early and saving tax by the end of the fiscal year http://bit.ly/cc6ItV #
• Thanks for RTs @Greenenergychap and @ReceiptAngel and a TOP TIP for today – do not forget Mothers Day pls RT #
• Sex, Business, Raga’n’Roll – Curry evening in #Chatham with author, business thinker and musician Peter Cook http://bit.ly/cpoC78 #
• Business Link: Legal update: tax and rates changes from April 2010 http://bit.ly/9ftmOC #
• #accountant s did you know @rbeccabeneworth was on Twitter definitely a #ff #
• Taking daughter to orthodontist then to client re year end accounts, hope that's not like pulling teeth! #
• Preparing some draft accounts so I can advise client on pension/gift aid contributions before the end of the tax year #
• RT @IntuitUK: Bonuses and divis may be more tax efficient than salary increase following Apr-10 tax hike http://bit.ly/beGUuG//good advice #
• Just called client to confirm his Tax coding as has state pension too. He really should give up work, but enjoys it too much. #
• Lean Machines owner Terry John calls for electric bikes charger across #Canterbury. For interview with KM http://bit.ly/aMirvh #
• @SuButcher I will be live tweeting during the budget on 24 March, what hashtag will #accountants be using? in reply to SuButcher #
• Calling client to explain the relationship between pension contributions and higher rate tax due #
• http://tweetphoto.com/13797500 Groundworks in prep for extension + new offfice! #
• RT @Greenenergychap: RT @KentBusinessDir: Dont miss the NEW Kent Invicta Chamber 'After Hours Club in Tonbridge tonight http://bit.ly/CkTYS #
• Just seen mention of me in T Wells Kids Direct mag for Spring 2010 (p8), re talk I did with Buss Murton on Mumpreneurs #
• Linked In event system working great @pagroupuk attending and @VATark speaking at OWG n/w breakfast http://bit.ly/dtW6ak both 1st timers #
• Conference call for client on making full use of both spouses tax bands #
• RT @SimonDGardner: Righto, what networking events ar eon in Kent this week? OWG Networking next Tuesday http://bit.ly/dtW6ak #

Get advice and plan early for the most tax opportunities

I have just signed up a client who has a limited company which he set up over a year ago although he did not start trading until the current tax tax.  From previous posts you will be aware that one of my recommendations for the biggest tax saving opportunities read more

Twitter Tax Advice week 2010-03-08

• RT @DarrenTMH: BBC News – How men in grey suits changed the world http://bit.ly/cx7C3i – #accountants #
• RT @gedrobinson: I hate myself for liking it as it is so unethical and planet destroying but I can’t wait for the #F1 season. – Agreed #
• Just received mailshot for OWG Networking breakfast 16 March, event also in Linked #In http://bit.ly/c56eGD-please join us + RT #
• RT @TaxationWeb: Tax year end tips: LITRG offers some tips to consider before the tax year end on 5 April http://bit.ly/c4K363 #
• How accountants shaped the modern world, a brief history of double entry on BBC R4 http://ow.ly/1e9Ra #
• Latest post on why you should have an accountant and how to choose one http://bit.ly/bM0fJr # read more

Why you should have an accountant and how to choose one

As new research from business software and services provider Sage shows that

accountants are now seen as the most trusted source of business advice

for UK firms, we consider why you should have an accountant and how to choose one.

A qualified accountant is an experienced professional read more

Twitter Tax Advice week 2010-03-01

• Finally success with aligning satellite dish,now we can get BBC1 too, can’t see why one grp of channels should be missing when the rest work #
• RT @Neue_Media: Great catching up with @Resonata @JasonCobine @SueCoh and @alastairwood out and about networkg at the CDN + @dotunadeoye too #
• RT @efficiencycoach: How quickly do you follow up your sales leads? http://bit.ly/XBbCR //Promptly if you want the business! #
• RT @pagroupuk: Any going to Company Directors Event at IOD this afternoon? Be good to meet up. //Yes, am catching 12.37 frm Longfield, You? #
• RT @SuButcher:76% of Architects Practices<10 people: Just Practising http://bit.ly/PracticeSize //Parallel for #accountants too #
• #ff @simonluck for great business offering strategic (and operational) IT support to businesses in Kent #
• Emailing proposal to client I met yesterday morning, got on well and lots in common. Sound business, would be good to have on board. #
• @WILLWOODACA Speak to @BurfordVA for call minding. Hope new office is living up to expectations! #
• Meeting at clients premises to draft up Dec 09 accounts and sort out any other queries he has # read more

Twitter Tax Advice week 2010-02-22

• RT @KentBusiness: Bluewater events venue in starting blocks: Work on a new £60 million events and exhibition venue http://bit.ly/d5fXSR #
• Meeting client with potential new bank offering better terms. I hope my recommendation lives up to expectation. #
• Special invite to One Does Lunch in T Wells, will be nice to network over lunch instead of traditional breakfast. Thx to Claire of Ansacom #
• RT @IntuitUK: RT @QuickBooks_UK: VAT returns for many businesses must be submitted online from April 2010 http://bit.ly/dnAC1g # read more

Debt collection – how to make it easier

It is a common tale from business that they have tried all courses of action to recover debts, the credit controller is pulling their hair out and going through the courts is a waste of time and money.   I have recently met up with an agency that is dispelling this myth.  Once you have obtained Judgement, and if your debt is over £600 they will collect it for you, and in 2008 they collected 96p in every £1 of enforceable debts.  The steps are as follows, and for the latter part of the article credit goes to guest blogger The Sheriffs Office:

1. Small claims can be made on line using HM Court Service website, moneyclaim.gov.uk.  There is useful guidance on the HMCS website.
2. There is an excellent flowchart on p11 of the HMCS Guide for debt recovery for Small Businesses
3. Once Judgement has been registered by the court the customer is obliged to pay you, however this is where so many businesses stall and where The Sheriffs Office can come in useful read more

Twitter Tax Advice week 2010-02-15

• RT @achieve_more: #ff my #4N friends @johnbotting @Greenenergychap @alastairwood @CarAccident @TravelStace @BookkeepingRog Thanks for #FF #
• Meeting client to sign off December 2009 accounts, going to give him credit note on fees for referrals, thx for suggestion @yanall #
• @LenaRobinson Thought your Perfect Client Template was great-superb focus for networking and who you are actually targetting. Doing mine now #
• #ff @BurfordVA for being a great RTer and giving me a hand with a Word problem #
• #ff @AWDWhitstable for making it to Innovation Centre when no other tweeters from E Kent did! #
• RT @CarAccidentAid: VAT recovery in accident claims – http://short.to/16zbr #
• #ff @RussellHotel for sorting out a room for us this weekend to be waited on hand and foot – no kids for the night #
• #ff @efficiencycoach and @neilryder for a great teleseminar on networking last week (still available to buy online) #
• Visiting client to help set up new Sage company where going from partnership to limited # read more

Pre tax year end planning

This post comes as a result of looking at a couple of potential clients and checking whether they have considered a number of areas which will impact on their 2009/10 tax, particularly in respect of small limited companies:

1. Is the shareholding in the company arranged in the most tax efficient way? read more

Twitter Tax Advice week 2010-02-08

• RT @DiamondSec: RT: @emilyrobe Spk to Care 4 family http://bit.ly/d5sDbH for grief in children – resources + local support networks #
• RT @qjinspiration: What’s your reaction to phone calls just a machine playing message? ‘Congratulations!’.//Do not cut off – their bill! #
• Thanks for RTs @BecomeKnown and @Greenenergychap #FF too! #
• Meeting with prospective client, will be interesting as operating within IVA. Nice local one in #Gravesend. #
• Flat rate scheme, is it for you? Read my latest blog http://awaccs.co.uk/tax-advice/vat-flat-rate-scheme #
• Thinking about the flat rate scheme, read my latest blog http://awaccs.co.uk/tax-advice/vat-flat-rate-scheme #
• Looking forward to meeting all the regulars at Ellenor Lions Hospice network breakfast Northfleet #Gravesend #
• Thanks to @efficiencycoach and @neilryder for seminar now have 5 one to one meetings booked with potential referrers over next 2 weeks # read more