Business or Personal Developments. Over the coming months there may be developments in your business or personal affairs where, if you tell us about them in advance, we may be able to help you to:
  • Save time or money
  • Get a better solution
  • Avoid the risks and pitfalls
  • Receive the most favourable tax and accounting treatment
  • Or in some other way get a better result.
On the other hand, if you tell us about them after the event it may be too late. We would therefore ask you to read this Appendix carefully and advise us immediately if any of situations listed here becomes relevant to you. Property and investments
  • Buying or selling commercial property
  • Refurbishing, extending or improving commercial property
  • Buying or selling investment property
  • Buying or selling other assets
  • Other major investment
Borrowing, banking and finance
  • Re-mortgaging
  • Thinking of changing bank
  • Thinking of borrowing
  • Thinking of leasing or some other form of asset finance
  • Other forms of refinancing
Business expansion
  • Launching a major new product, service or division
  • Setting up a new business
  • Buying a business
  • Setting up a Limited Company
  • Turning your business into a Limited Company
Unhappy with the performance of your business
  • Unhappy with your sales and/or profits
  • Unhappy with your cashflow
  • Unhappy with your personal tax bills
You and your employees
  • Paying key people over and above their standard salary
  • Making additional payments to the owners
  • Appointing a new Director
  • Parting company with an existing Director
  • Changing Director’s service agreements
  • Employing a family member
  • Taking on a “sub-contractor”
  • Setting up a profit sharing scheme
  • The business buying assets for the personal use of the owners/employees
Cars
  • Buying or leasing a car
  • Using a car for business
Business ownership and structure
  • Major changes to what the business does
  • Changing shareholders/partners
  • Changing business structure
  • Changing shareholder/partnership agreements
  • Transferring or selling shares
  • Issuing new shares
 Getting out
  • Selling all or part of your business
  • Thinking about retiring
  • Setting up or changing pension arrangements
General tax and accounts
  • Changing accounting system
  • Receiving correspondence from the tax authorities
  • Exceeding the VAT threshold
  • Being notified of a VAT or PAYE visit
  • Changing your VAT arrangements
Other business issues
  • Appointing consultants or other professional advisers
  • Exporting or importing
  • Winning a major new contract or customer
 Family
  • Writing a will
  • Suspecting that you may receive an inheritance at some time in the future
  • Getting married or divorced
  • Births and deaths
  • Moving abroad
  • Making large gifts to family and friends
  • Receiving a large windfall such as a lottery win
  • Other major changes in your personal circumstances
  Speak soon Tracy