Monthly Archives: April 2013

How to take money out of a limited company

Apr
27

When you are running a limited company, especially if you have incorporated from a sole trader or partnership, you must ensure you are familiar with the ways in which you can withdraw money as a director – if not,  it … Continue reading

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Running a limited company – director responsibilities

Apr
25

You want to start a business..you may decide to set up as a limited company for tax reasons or because it makes you look more professional when dealing with clients and customers…but do you know what your responsibilities are when … Continue reading

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Simpler tax for small businesses: Cash Basis

Apr
24

From the tax year 2013-14 small businesses (sole traders and partnerships NOT limited companies) with a turnover of £79,000 or less can work out their income and expenses for self assessment using the Cash Basis. The Cash Basis approaches differs … Continue reading

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National minimum wage

Apr
16

On 15 April 2013 the government announced that from October the national minimum wage will rise by: 12p to £6.31 for adults, 5p to £5.03 for 18-20 years old and by 4p to £3.72 for 16-17 year olds. The rate for … Continue reading

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Should you set up your own business?

Apr
14

There are many reasons why you may consider setting up a business – financial, entrepreneurial spirit, passion, invention, hobby, work life flexibility  – but often the owner(s) of the business will end up working long hours for little financial reward, even incurring losses for which they will be personally … Continue reading

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April 9 2013 – ECGB

Apr
9

This morning I huddled together with a group of business people in Ely Cathedral – no, not some weird team bonding session, rather that we all were looking forward to a tax briefing from Deloitte in a very very cold … Continue reading

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April 8 2013 – Cambridgeshire Chamber of Commerce networking

Apr
9

An excellent evening at The Lamb Hotel Ely at a Cambridgeshire Chamber of Commerce informal networking event. These networking evenings are great if you enjoy a laid back atmosphere.  Caught up with a couple of clients, made a couple of … Continue reading

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Is your Business Networking working?

Apr
6

It is important to understand that where, when and how to network in your local community will be heavily dependent on the type of business and the time you are prepared to commit to it.  Too much time networking could … Continue reading

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April 5 2013 – RTI, exhibitions & admin!

Apr
6

Spent some time this morning setting up our stand in Ely Cathedral – looks amazing inside the Cathedral and definitely worth a wander around to see exactly how many different types of businesses there are in and around Ely – … Continue reading

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April 4 2013 – Link4Growth

Apr
4

This morning I spent a pleasant 1.5 hours at E-Space North at the Link4Growth coffee morning.  I would recommend this networking group for anyone who dislikes the formal structure that some networking groups take.  This is a new group near … Continue reading

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