Posts tagged Stansted
Sunny thoughts on SIPP, IR35 and the Flat Rate scheme
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More ramblings from John Forbes on a sunny afternoon in our Great Dunmow office in the heart of Essex.
Finally we completed the lease on our new Dunmow offices and moved some furniture in. Fingers crossed BT are ready for our move on 22 August.
Been spending time looking at tax planning again and interestingly at the VAT flat rate scheme which is showing savings for a number of clients – even on my own SIPP I can make nearly £900 out of thin air for doing nothing but use the flat rate VAT scheme – which is fine whilst it only holds property – need to watch out if it does other things!
Lot of client discussion around IR35 in the past week – as always trying to negotiate a distillation of the inherently simple into answers to clients’ inherently convoluted questions – as always it would be lovely to tell them what they want to hear – as always, life ain’t that simple. There are a lot of contractors in Essex and Stantsted is a great route straight in the City so the number of enquiries and clients in this area is always on the up, especially in the current
climate. Unfortunately they all understand the tax savings straightaway, but not the tax costs that go with it, nor the pitfalls and rules that need to be complied with to make the savings!
For more help and advice on IR35 and other tax planning issues, please do not hesitate to contact us at Forbes Accountants.
John,
Moving Office
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Moving business premises can be a very stressful time even for an accountant, it’s not just the premises and parking that have to be considered but the location, however we have finally agreed everything on the lease of our new offices in Dunmow – just down the road, but a big improvement – especially when the lift is fixed which will be a while. Of course this is just in time for us to move right in the holiday season – deep joy, short staffed and loads of cardboard boxes paperwork and files.
Everything considered Dunmow is actually an ideal location for our practice – the A120 improvements mean we are within 20 – 30 minutes of Harlow, Braintree, Stansted Airport, Witham and Chelmsford – our local Essex patch – and Stansted, Stansted Airport and the access to the M11 motorway makes it really easy to meet clients in the City and for them to get to us or indeed from overseas, finding a number of overseas clients are now happy to meet at our offices rather than in London as the transport network is so good and close to the airport infrastructure! Next up must remember to notify our clients and of course the telephone providers.
Until my next thought John Forbes of Forbes Accountants Dunmow Essex.
