Business valuation – the main area in which there is predictable disagreement between buyers and sellers. You think your business is worth £1,000,000. Your buyer thinks it’s worth £500,000. Just remember that, during your time running your business, you’ve done deals with customers on a daily basis when you’ve wanted this amount for something and […]
When a business owner is looking either for investment in their company or to put it up for sale on the open market, they may hear two different accounting terms for the very first time – EBIT and EBITDA. In this article, TWP Accounting explains what these terms mean and why they are important. But […]
We are delighted to announce that two of the UK’s leading online accounting software providers have declared TWP ‘Making Tax Digital ready’. This latest recognition for the high-quality of our online accounting services is a fantastic achievement and clearly indicates our ability to assist businesses with their Making Tax Digital requirements. All VAT-registered businesses over […]
Most of us know that, when we sell the home we live in, we don’t have to pay capital gains tax on any increase in price we’ve enjoyed during the time of our ownership. This exemption is called the “private residence relief”. For civil partners and married couples, only one residence will be considered by […]
One of Weybridge’s leading firms of accountants, TWP, has criticised the Chancellor’s Spring Statement for failing to deliver anything meaningful to small businesses. TWP said that few businesses expected Philip Hammond to pull any rabbits out of his hat, but that the lack of any assistance to small businesses was disappointing against the backdrop of […]
Growing your business can mean different things to different people. You may think of it as simply increasing your sales but it’s more important to focus on improving and maintaining your overall profitability. Your long-term success will also depend on how well your business is able to keep up with the times and stay ahead […]
Here at TWP Accounting, we’ve always been passionate advocates urging our customers to get themselves out there more with sales and marketing. It’s an area we’ve covered in some depth over the years on our blogs. We’ve written about selling by eBay, investing in your customer relationships, how to cope if someone is undercutting you, […]
The latest figures from HM Revenue & Customs (HMRC) have revealed that the Government has repaid around £30 million to savers who were overtaxed on pension freedom withdrawals during the final three months of 2018. The new data adds to existing research, which shows that since the introduction of the pension freedoms in April 2015, […]
The former pensions minister, Ros Altmann, has warned thousands of British pensioners living in the European Union that they may lose out on state pension increases as a result of Brexit. According to Ros Altmann, the UK Government has so far only agreed to pay pension increases on a reciprocal basis with other EU member […]
The quality of our advice has seen us accredited with coveted Platinum Partner status by Xero – a leading provider of accounting software.
The quality of our advice has seen us accredited with Gold Partner status by FreeAgent – a leading provider of accounting software.
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