Some New Year business resolutions or perhaps just simply a reminder checklist of best practice previously promoted to help you manage your firm’s cashflow, remembering that cash is always king!
In this update, you’ll find a checklist commentary on the following items:
- Tax payments
- Improve your credit control
- Work in progress (WIP)
- Exposure limits
- Communicate with your clients
- Monitor your expenditure
- Partners’ drawings
- Capital allowances – do not waste or miss them
- Dividend planning
- Capital contributions
- Likely income levels
- Pension payments
- Gift aid
- Capital gains tax annual exemption
- Inheritance tax annual exemptions.
For further information, please contact your regular Menzies LLP Relationship Partner.