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Showing posts from July, 2016

All You Need To Know About Due Diligence

Due Diligence is a broad term, that is essentially your accounting firm doing all they can to analyse a number of things. Quality of earnings is one of them, not to mention the assessment of the adequacy of judgemental accounts. For any chartered accountants in North Wales or the UK at large, due diligence is a service that helps you identify the structure most appropriate for yourself and your business, with your accountant assisting you with the presentation of a business plan, and analyse financial forecasts. Your accountant will work, to the best of their knowledge and their abilities, to make sure that you get the best deal possible with every single one of your business ventures.

Take business banking for example. Small – medium sized business owners often feel that they’re in a procession of bank meetings, in terms of day-to-day requirements and specific funding requirements regarding the identification of new opportunities, expansions of premises and funding for every cost asso…

Even More Pros To LED Lighting

As of late we are really taken with LED Strip Lighting, and we’ve found an incredible amount of uses for this amazing new technology. More and more seem to be getting on with the LED Lighting revolution which is happening as of recent years, in the North Wales area and beyond.
For most, they’re starting to wake up to the potential these little diodes can afford any residential or commercial setting– it’s proven that LED Lighting is a gigantic leap above traditional incandescent lightbulbs, and even a huge improvement from the half-measure of halogen bulbs, which might result in lower electricity bills, yet are notoriously terrible for the environment, releasing a quite frankly scary amount of carbon dioxide as they heat.
Furthermore, halogen tubes waste energy by wasting a staggering four times as much energy as an incandescent bulb! A 500 watt halogen tube reaches temperatures of over 1200 degrees- which barely needs pointing out. It’s a serious fire hazard, and the threat of curtains …

Hoteliers – Don’t Waste Money On Lighting!

As hoteliers in the UK are constantly looking to maintain a viable business (while often paying commission to large hotel search websites) that may get slower or even nonexistent during winter months, they often seek to save money wherever possible, while still providing a great visitor experience. After hearing horror stories of some hoteliers charging an additional amount for items such as soap and tea and coffee making facilities, we can’t help but wonder if most hoteliers know the best way to save money in the long run, and also provide their valued guests a solution that enhances user experience, rather than detracts from it. Retrofitting LED Rope Lighting and strip lighting into older fixtures is a fantastic solution for saving money on lighting, while offering them something far better than traditional incandescent or halogen bulbs.
Hypothetically, should every single incandescent and halogen lamp in the UK’s 615,000 hotel bedrooms (based on an estimated 31,000 hotels in the UK …

The Advantages of a Bilingual Solicitor

All of us think in one language, despite the number of languages we have learned. To someone that has originally learned to speak in one language, using another can be jarring, with translating between both languages a complication that doesn’t have to be there. There are a few Solicitors in North Wales that offer their services in Welsh, for their client’s convenience.
It’s no surprise that in areas such as Wales and Scotland, English is not the only language that is spoken. For example within Wales, there’s an estimated 582,000 Welsh speakers in Wales and a further 110,000 – 150,000 Welsh speakers in England. This is just under 20% of the Welsh populace, and for a lot of people within areas such as Gwynedd and Carmarthenshire, Welsh is their favoured, spoken language that they use for the day-to-day. English is an afterthought.
The use of the Welsh language is not a formality. There are far more Welsh speakers in people over the age of 65 than any other age group, and of course the o…

One Month On, How Will Brexit Affect Your Finances?

Now that the UK has voted to leave the EU, the British tax regime could be shaken up as result. The Brexit vote will mean that some taxation is ripe for a revamp, though it needs to be remembered that a large portion of our taxes are completely domestic in nature and therefore, it is up to the government to decide whether or not adjustments need to be made. Concerned businesses and individuals may wish to seek the services of a chartered accountant in North Wales for any concerns and queries as to how June 23rd 's referendum affected their endeavours. 
While indeed the Brexit vote will not result in a complete overhaul of tax as we know it, some taxes will be affected. The obvious is VAT which is EU driven and controlled as part of the EU’s desire to ensure a level playing field between all of its member states. How the next Prime Minister of this country intends to bill VAT will be key to many's back pockets being fatter or thinner.

VAT / Value Added Tax
VAT is a pan-European …