Tax and Business
Models (673)
Target costing templateIn tough times, calculating your prices by adding a profit margin to cost can result in your products becoming uncompetitive. However, you might be able to beat your competition by using target costing to help set prices. What ... Read more
10 Dec 2012
Funds flow reconciliationA rolling monthly cash flow forecast should be based on a profit and loss forecast. However, certain movements in the profit and loss forecast are non-cash items for the month concerned, for example, changes in provisions, de... Read more
10 Dec 2012
Strategic goal settingStrategic business planning involves more than simply preparing a budget or one-year plan. You will need a set of business goals, say, covering the next three years to form part of the budgeting process. Your managing director (... Read more
10 Dec 2012
Tenancy at willIf you want to allow someone to occupy your business premises whilst the new lease is sorted out, consider using this form of agreement to protect your position.AdviceSometimes, when you're renting out business property, there's a need... Read more
09 Aug 2012
Licence to assignYour landlord's given you the nod to assign your lease. To ensure that there's no dispute that their permission has been granted, it's standard practice for all the parties to enter into a licence to assign at the same time as the lease... Read more
09 Aug 2012
Licence to subletYour landlord's given you the go-ahead to sublet your premises. He will insist that you enter into a licence to sublet. Make sure you use the correct form for maximum protection and flexibility.AdviceIf your lease provides that your l... Read more
09 Aug 2012
Allocation of savings interest agreement If spouses or civil partners do not want a 50/50 split of savings interest, they can declare that income be split according to each person's beneficial entitlement as detailed in a written agreement.Beneficial o... Read more
23 Jul 2012
Appeal and postponement of direct taxThis standard letter can be used to make an appeal against any direct tax assessment, e.g. income tax, corporation tax, capital gains tax etc., but not VAT, customs or other duties.How to use itThe time limit for ... Read more
08 May 2012
How to discipline an employeeFrom time-to-time, you will need to discipline members of staff. There is a right and a wrong way of going about this. Use this checklist to ensure you do things the right way. ... Read more
20 Apr 2012
Bank account declaration of beneficial ownership Interest received on a bank account held jointly with your spouse/civil partner is taxed on you equally, even where the actual ownership of the funds in the account is not 50/50. However, you can send a... Read more
01 Feb 2012
