Having trouble reading this newsletter? Click here to see it in your browser.
You are receiving this newsletter because you have provided your email to Armstrong Watson. Click here to unsubscribe
Armstrong Watson

In this Issue

Directors' Responsibilities - Going Concern

Tax Efficient Property Expenditure

The Golden Rules of Credit Control

Do You Have A Survivorship Clause In Your Will?

Are You Being Served?

Good News During Tough Times


In Other News

Armstrong Watson -   Find Out More

Armstrong Watson Money Matters Magazine

New Inheritance Tax Calculator

 


Pass it on

Know anyone who might be interested in our newsletter? Click here to forward this email to up to 5 friends at once.


E-bulletin - June 2009

Welcome to the June/July issue of our Ebulletin.

In this issue we look at a number of steps you can take to shore up your business so that you are in a strong position to weather the adverse trading climate on most markets. By keeping a close eye on tax reliefs and current regulations, you can ensure that your business will retain a healthy outlook.

Company directors are required to produce financial statements which prove that the business is a Going Concern. We explain some of the key factors involved in this process.

Making the most of tax breaks when buying a property is another area we put under the spotlight and we reveal some of the opportunities that can be overlooked.

We also have a timely reminder of The Golden Rules of Credit Control. It is essential to enforce a robust policy at a time when many businesses may use the downturn as an excuse for late payment.

On the personal finance front, we suggest you review any Inheritance Tax (IHT) arrangements that include a survivorship clause. This could result in a much greater and unexpected tax liability and we advise you on how to avoid this.

Finally, we update you on the new FSA regulations affecting financial advisers and
question whether you are currently getting value for money and good service.

At the end of each article we have provided the contact details of a qualified expert in each area. If you have any questions or concerns, do get in touch.

If you find our E-bulletin useful, please forward it to your friends and colleagues and if there’s anything you’d like us to cover or change in the future, please send an email to goodideas@armstrongwatson.co.uk

In this Issue:

Directors' Responsibilities - Going Concern

UK financial statements of businesses are, nearly always, complied on a going concern basis...

Tax Efficient Property Expenditure

Given that industrial buildings allowances are currently being phased out, it is now more important then ever to maximise the allowances claimable for plant and machinery within a building development...

The Golden Rules of Credit Control

In times of financial stress for all businesses, it is especially important to make sure your business doesn't suffer from  the effects of delayed payments...

Do You Have A Survivorship Clause In Your Will

Having a survivorship clause in your Will isn't always a good thing and can in some circumstances increase the amount of Inheritance Tax due...

Are You Being Served?

When was the last time your financial adviser contacted you?

Good News During Tough Times

Every day we are still reading stories of the recession, redundancies and other unavoidable measures that have been taken to try and combat the downturn in the economy...



This email was sent to [email address suppressed]
Click here to unsubscribe.
Armstrong Watson
T: 0808 144 5575