Archive by Author
Online Business Name and Trademark Checker
A new website has just gone online which will be of great help to anyone starting up a new business. One of the most common complaints on a whole load of business forums is that of someone who has an established business and finds that someone else has set up another business with the same [...]
Full StoryFive Ways to Save Inheritance Tax
Benjamin Franklin said, “In this life nothing is certain but death and taxes”. When anyone who is resident or domiciled in the UK dies those they leave behind will find that HMRC will want a slice of the dead person’s estate – their money, house, possession etc. This tax used to be called Death Duties [...]
Full StoryThe Taxation of Non Executive Director Fees
There has long been a common misconception that the payment of fees to non-executive directors can be made without having to account for tax and National Insurance (NI) by way of the PAYE system. Unfortunately, this is not the case. Directors, non-executive or otherwise, are considered to be “officeholders” by HM Revenue and Customs (HMRC) [...]
Full Story2nd January 1980: British Steel Workers Strike
Some 100,000 employees of the state owned British Steel Corporation (BSC) caused the shut down of the company’s furnaces in protest at what they called a “derisory offer” of 6% pay increase from their management. The strike quickly spread to privately owned steelworks. Prime Minister Margaret Thatcher condemned the strike – called by the Iron [...]
Full StoryThe British Business Angels Association
The British Business Angels Association (“BBAA”) is a trade association representing UK business angel networks, associates and affiliates. Business Angels invest in business startup companies. These are the same sorts of business that venture capitalists invest in but Angels invest their own money, unlike venture capitalists, who manage the pooled money of others in a [...]
Full StoryWhat is Venture Capital?
The term Venture Capital refers to an investment made in a new or nearly new company either to get it off the ground (known as seed funding) or to provide capital for growth – surprisingly known as growth funding). Venture capital investments are usually made in cash in exchange for shares in the invested company [...]
Full StoryWhat is Sovereign Debt?
In recent weeks the term Sovereign Debt has been bandied about by the media leaving many people puzzled as what it actually is. What it isn’t is money owed by a King or Queen of a country – Republics do have Sovereign Debt; you don’t need a Monarch! Joking aside, in simple terms Sovereign Debt [...]
Full Story
