Given Brexit and the general economic uncertainty, Mr Hammond has come in giving gloomy underlying economic conditions, Continue reading “Autumn Statement 2016 Summary” »
Sometimes its just hard to get down to it… Continue reading “I just can’t seem to get around to it!” »
New tax changes as to how dividends are taxed are due to take effect from 6th April 2016. Continue reading “Dividend Tax Changes on 6 April 2016” »
Here is a key point summary
Main Headlines Continue reading “Summary Autumn Statement 2015” »
I remember attending several training courses on the subject of interview and selections techniques. Particularly in house training when I worked for some very large corporations. Continue reading “Some challenging interview questions!” »
Your staff handbook will play an essential role in maintaining success and progress of your company. Continue reading “Why Businesses Need A Staff Handbook?” »
My last blog considered the subject of being “nice” in business… Continue reading “Being Charming In Business” »
Well we’ve all met obnoxious, arrogant yet successful people. When you leave their company it’s hard to find something good to say about them, but what are the traits of the people who leave a mark on your heart? Continue reading “Sales slow? How about being a nicer person!” »
Ramblings of a business blogger and a few great ideas to keep you going and inspire new thought…
Forgive me if you’ve heard some of these, but life and business can be a challenge and sometimes we just need a little nudge, so here are some great “nudges” that I like – I hope you like them too.
- Remember the drains and radiators – If you’re spending too much time with people who drain your energy, shift the balance and spend more time with people who warm your heart – they’ll feel the same way.
- If you’re writing, try not to stop with a sigh when you reach the end of a chapter, try to start the next chapter with enthusiasm. When you pick up your pen or brush again (ok put your finger on your keyboard again) you’ll know exactly where to start.
- If you hit writers block, don’t allow it to stop you in your tracks. Make some memorable note, perhaps change font colour and just carry on with the next point. Your subconscious will most probably fill the gaps in whilst you’re at lunch and you’ll come rushing back to carry on.
- Try and take a few moments every day to thank the powers that are greater than all of us for the good things in life – sometimes it’s difficult, but it’s also habit forming and really does put things in balance and helps though the more difficult days. Glass full rather than empty and all that. Sounds trite but positivity is a habit that can make you happy.
- Remember how your favorite music fills your soul? Well take 5 minutes and play some to yourself, then head back to work with renewed intent.
- If your life is getting you down, always remember you can change it – Yes you can! Of course they’ll be consequences, but you can change things and just maybe the consequences are stepping-stones to a better life.
Remember, even back in (I think) 1934 Dale Carnegie said “don’t settle for being mediocre or setting your sights too low, you could be selling yourself short!
Until next time…
Here is a key point summary
Growth & Inflation
- Economy grew by 3% in 2014
- GDP growth forecast for 2015 revised down from 2.5% to 2.4% then to 2.3% in 2016
- 2015 borrowing forecast is revised down to £43.1bn
- Government debt as a proportion of GDP 79.1% for 2015/2016
- Savings of 12bn to come from welfare cuts and 5bn from tax evasion
- No changes for alcohol and tobacco
- From 2017, three new Vehicle Excise Duty bands will come into force for new cars in England only, starting at £140 annually. “Every single penny” from VED will go to a Roads Fund to fund improvements from 2020.
Personal Tax and Pension
- Inheritance tax threshold to rise from £325,000 to £500,000 per person This ostensively means that married couples and civil partners will be able to pass on assets worth up to £1m, including a family home, without paying any IHT at all.
- The personal income tax allowance will rise to £11,000 from April 2016
- Higher rate of tax threshold rises from £42,385 to £43,000 from April 2016
- Mortgage interest relief for buy-to-let homebuyers to be restricted to basic rate of income tax.
- Permanent non-dom tax that allows some UK residents to limit the tax paid on their earnings outside the country that are not brought into the UK was abolished. Anyone resident in the UK for more than 15 of the past 20 years will now pay full British taxes on all worldwide income and gains.
- The amount people can contribute to their pension tax-free to be reduced for individuals with incomes over £150,000
- Pensions tax annual allowance to be gradually reduced to a minimum of £10,000 from next year.
- New national living wage for all employees aged over 25, starting at £7.20 an hour from April 2016 and set to reach £9 by 2020
- Corporation tax will be cut to 19% in 2017
You see, there seems to me to be such pressure from customers on businesses to discount or “do a deal”. Continue reading “Stand Firm on the Price!” »
Of course we’ve all heard about Market Research to get some answers to the big question of who’s going to buy your new-fangled product, but few will tell you how to go about it (or at least that was my experience), so can I suggest you plan it, just like planning most other processes. Continue reading “Planning Your Market Research-Business Guide Part 7” »
In my last blog I wrote about brainstorming to come up with a business idea and importantly afterwards to eliminate all of those ideas that failed for some reason or other. Continue reading “Budgeting-Setting Up Your Business- Part 6” »
If you’re an experienced business person, regardless of whether your our experience is online or on the high street, I think you’d agree that we can take for granted certain processes or actions that come naturally to us. Of course that’s why we found ourselves self employed. Continue reading “How To Avoid Rookie Business Mistakes” »
In my last blog, I wrote a lot about inspiration and ideas, indeed I think we decided you were setting up a Yoga studio!? I jest, but such fluid thought is really important and that’s what the process of “Brainstorming” is all about. Continue reading “Brainstorming-Setting up Your Business Part 5” »
New business? What are you going to sell? Continue reading “Setting Up your Own Business- Part 4” »
Since the crumple of the economy in many countries across the world in 2008, businesses are struggling. Although the main economic pain may have past, many businesses are still finding slender profit margins. Continue reading “9 simple ways to attract more customers to your store” »
Following on from my last blog, “setting up your own business” Continue reading “Setting up your own business- Part 3” »
The election was of course uppermost in the Chancellor’s mind. Continue reading “2015 Budget Summary” »
Following on from my last blog, “Have you ever wondered about setting up an online business?” Continue reading “So you want to set up your own business -Part 2” »