Excel Accountants & Business Advisers

 by Excel Accountants, Leeds (www.ExcelAccountz.co.uk)

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People are under the impression that if they are employed then all their taxes are paid and hence they do not need to submit tax returns at all.

But it is a requirement to declare any other income you have received apart from the employment income. Examples are given below

1. Rental income from any property

2. Sale of properties during the year, apart from the principal residence

3. Bank interest received without any tax deduction

etc.

Even though tax returns are not sent by the tax office automatically, it is our duty to notify the tax office if you believe that you are going to be in receipt of untaxed income during the year.

With the case of rental income, there might not be any tax payable (we can assist you in that) but you will have problem when selling it.

Please contact Exc... Read more

As per management concepts, 4P are very important in any business

Price

Product

Place

Promotion

Businesses should revisit these 4Ps to check whether they are competing along those lines and if promotion is lacking can try to concentrate on that.  Promotion has evolved a lot over the years.

Businesses should look at opportunities internet has to offer as well, that includes any technology in communications as well.  Communication technology has become very cheap in such a way that any local business can set up a business phone within minutes rather than waiting for landlines to be put for business purposes.

Please download free reports on

How to make more profit?

HOw to pay less tax?

 from our website for free.

Visit the business pages for ideas as well

www.ExcelAccountz.co.uk