Monthly Archives: June 2014

Surplus Cash in Your Company

HMRC have given us an insight into how they would consider cash surpluses within a company following official responses to articles written on the subject. Inheritance Tax On the death of a Shareholder, shares in a small or family trading company are usually considered to be business assets and...

What is a Budget? What is a Business Plan?

A Budget A budget is a fixed limit on spending.  You know you can not afford more so you fix yourself a budget. If your income is fixed e.g. when you are on a fixed salary, then budgeting is very important.  This is when you apportion your income into...