Jefferies Newsletter January 2017

10 reasons why you need a Business Plan in 2017

A business plan helps you to:

  • Clarify your business idea
  • Spot potential problems
  • Set out your goals
  • Measure your progress

Further details in the newsletter link below.

Will your VAT Flat Rate go up in April?

The Flat Rate VAT scheme is very popular with small businesses.

The Flat Rate Scheme is designed to simplify your records of sales and purchases. It allows you to apply a fixed flat-rate percentage to your gross turnover to arrive at the VAT due.

The scheme is for businesses with a turnover no more than £150,000 a year, excluding VAT. The problem is that HMRC feel the scheme has been abused and used as a way to pay less VAT especially by businesses with virtually no costs.

Details on the affected industries in the newsletter link below.

Also in this newsletter

  • Why not give yourself for your staff a Trivial Benefit
  • Are you ready for the New One Pound Coin?

Download your copy of our January 2017 here.