Business trends to watch in 2019

Here are some of the top Business Trends to watch in 2019. Marketing will continue to become more personalised Marketing is becoming increasingly personal, and this trend will keep going as we move into the new year. No longer will stock images, generic campaigns or...

I know cash is king, but how do I get it paid faster?

Xero Trifecta Part 3: Boost Cash “Cash is king” is an expression that has been around for a long time. It has been adopted in the corporate world as a way of emphasising the need for businesses to have a healthy cash flow in order to function. What the phrase doesn’t...

Certain gifts can have capital gains tax consequences

Although there will be no CGT on gifts of cash there may be CGT to pay where the gift comprises shares or other assets. This is because the transaction will generally be deemed to take place at market value between connected persons even though no money changes hands....

The IHT annual exemption – use it or lose it!

Although not particularly generous at £3,000 per donor per annum if this annual IHT exemption is not used by 5 April it is lost, although it is possible to carry the allowance forward one year if unused. This means that if the annual allowance for 2017/18 was not used...

How do you make a business more successful?

The Xero Trifecta explained PT. 2: Get Control It’s the question at the heart of every other business question. What’s the secret to a truly successful business. And though there are plenty of tips and hacks out there on the journey of success, it all starts with...

Gifts out of income are not taken into account for IHT

A more generous inheritance tax exemption applies where the donor can prove that he or she is not transferring capital but is making gifts out of their income. There are detailed conditions for this exemption to apply requiring records to be kept of income and...