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Archive for November, 2015

Amusing Lookalike!

This amusing “lookalike” recently appeared in The Bedford Club Newsletter: Emperor Ming                        Barry Cowley Has anyone ever noticed before the uncanny resemblance between Barry Cowley, our Treasurer, and The Emperor Ming of Mongo, known affectionately as Ming the Merciless? My first introduction to Ming,[…] Read more »

Presenting our Hamper to Dilys Brereton of HomeInstead Senior Care

We are delighted to present our Halloween Hamper to Draw Winner Dilys Brereton of HomeInstead Senior Care. HomeInstead Senior Care are Award winning leaders in providing Homecare to seniors in the Luton and Central Beds areas who wish to remain in their own homes. They also strive to be employer of choice within Domiciliary care.[…] Read more »

Selling your Company Shares or Assets?

A vendor would normally prefer to sell their shares in the company rather than a trade and asset deal, as they would usually pay more tax – corporation tax on the sale of assets, followed by a second tax charge getting the cash out of the company. A share sale would of course mean just[…] Read more »

Buying a Business? No Relief for Goodwill Now

Ever since April 2002 when a limited company acquires the trade and assets of another business it has been possible to obtain a tax deduction for the goodwill and other intangible assets of the acquired business, generally in line with the accounting treatment. So, if the goodwill of the acquired business was worth say £500,000[…] Read more »

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