Have a look at our YouTube channel at Numbers UKLtd.
Steve Carey presents our ‘Grow Your Business’ series. It’s well worth watching!
During the last year, we have identified the following savings for our Plymouth Business Network clients:-
- Letting Agent – Had to VAT register. Using FRS we managed to save them £2,000 per year
- Publisher – By carefully planning the partners remuneration, we produced savings of £2,300 a year
- Chimney Sweep – By changing the business structure to a Limited Company, savings of £1,500 per year were identified
- Drainage Company – Changing the way the business accounts for the its motor expenses produced savings of £6,200 per year.
- Home Improvement Company – £15,548 was saved in Year 1 through incorporating this company
- IFA – By claiming reliefs available for ‘sleeping partners’, we were able to claim a £10,000 NIC refund. Savings in tax over 1 year via incorporation have been £6,376
- Gardening Company – By helping to raise finance for new equipment, we helped secure a contract worth £56,400 during 2013
The total savings for this particular block of clients is a grand total of £100,324.