Explaining the CIS scheme is this week's I Hate Numbers podcast. Read more to see what is covered Firstly, what the CIS scheme covers Secondly, what a contractor or subcontractor is Thirdly, requirements are in terms of reporting, in terms of registration,...
Mahmood articles
The Construction Industry Scheme (CIS))
The Construction Industry Scheme (CIS) was introduced in 1971 to combat serious tax evasion in the industry. The CIS scheme has rules as to how contractors should make payments to sub-contractors. What are contractors? Contractors typically provide agreed services...
The BREATHING mnemonic for success in business
Success is all about BREATHING. I don't mean what your lungs do but the nine magic ingredients represented by the mnemonic BREATHING. Are you a business owner? Do you want to be successful in your business? If so, then this episode is for you. In this episode...
BREATHING leads to business success
BREATHING leads to business success. Do you want to know what it takes to be successful in your business? If so, then I've got something for you. In this video, I'm going to outline the ingredients that will help you achieve success in your own business. It's a blend...
Difference between tax evasion and avoidance
Understanding tax evasion and avoidance is an essential piece of knowledge! Even if just to avoid prison food. Do you Understand tax evasion and tax avoidance? Moreover, do you know the difference between tax evasion and avoidance? Firstly In this podcast, I...
Tax avoidance and tax evasion
Understanding the differences between tax avoidance and tax evasion, is an essential piece of knowledge for all taxpayers, whether you are an individual or whether you are a business. Tax avoidance and evasion is typical and headline news. Jimmy Carr, Gary Barlow, Ken...
Use a Limited Liability Partnership
Using a Limited Liability Partnership is this week's podcast theme. Are you looking to set up a Limited Liability Partnership? A limited liability partnership (LLP) has many of the features of a normal partnership and a company. In this podcast, I will explain...
Limited Liability Partnership
A Limited Liability Partnership is like a duck billed platypus. A duck billed platypus is a bit of every animal. Likewise, a Limited Liability Partnership (LLP) shares many of the features of a normal partnership, blended with that of a company. Moreover, it also...
Makinging business partnerships work
Making your business partnership work can be one of the greatest pleasures of having your own business. With that in mind, if you’re planning to start a business venture with a friend, family member or associate as your business partner read on. Don’t assume...
Tips for effective business partnerships
Tips for effective business partnerships is this weeks vlog. Making your business partnership work can be daunting if you have never had a partnership. There are many things to consider, especially if you intend to start a partnership with a friend or a family...
Creating a successful employee handbook
A successful employee handbook is what helps reduce your business heartache. Problems within a business can occur because there is a lack of clarity on some subjects. Mainly, the issues which arise are around the expectations of the business. The employees and...
All about employee handbooks
If you ever find yourself asking: “Why do I even need an employee handbook to begin with?” – don’t! Employee handbooks are more than listing policies and complying with procedures. The best-crafted employee handbooks serve as a reminder about the company’s vision,...
Changing from sole trader to company
How to change from a sole trader into a company is this week’s podcast. What are the two most popular business structures in the UK and beyond? They are the sole trader or limited company. Likewise, a limited company in the United States and elsewhere is...
Sole trader to a limited company
How to change from a sole trader into a limited company is this week’s topic. Are you thinking about changing from a sole trader to a limited company? There are many reasons why this might be the case. Tax issues and wanting more protection for your business are the...