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


  • 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


  • 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