Time to declare offshore income gains and assets, warns HMRC

HMRC is uring UK taxpayers to come forward and declare any foreign income or profits on offshore assess before 30 September to avoid higher tax penalties. New legislation called ‘Requirement to Correct’ requires UK taxpayers to notify HMRC about any...

The art of negotiation

In business, we are regularly presented with situations where we need to negotiate. The ability to negotiate effectively requires a combination of interpersonal and communication skills. Preparation is key Before attending a meeting that is likely to involve a...

Creating an effective business plan

“The best way to predict the future is to create it.” Abraham Lincoln If you watched a game of sport where there was no winner, try, goal or wicket it would be really boring! Running a business is similar, if we don’t keep score then it’s not as much fun as it should...

How to take a “mindful” approach when managing your team

Being an effective manager requires a strong work ethic and the ability to guide those on your team to work toward success. Taking a more mindful approach to managing your team can help you to bring out the best in people. Mindfulness can be defined as a...

Using online communities to promote your business

The beauty of online marketing is that it doesn’t have to be expensive. You can even use online groups/communities to help promote your business for free. Online communities are groups of people who share advice, knowledge or stories related to a shared interest. They...