Abusive tax avoidence – Don’t fall foul of GAAR
Voltaire wisely pointed out, ‘Doubt is not a pleasant condition, but certainty is absurd.’ So when presented with a sure-shot financial win, should one dive in headfirst?” In the heart of London, not far from the iconic dome of St. Paul’s Cathedral, a tantalising financial proposition began making waves. It was known as the “Icebreaker […]
Abusive tax avoidence – HMRC have wide powers
Warren Buffett, the Oracle of Omaha, reflected, ‘It’s only when the tide goes out that you discover who’s been swimming naked.’ Curious about who got caught in the financial ebb? Eclipse 35: The Cinematic Tax Tangle 🪢 Picture this: a dimly lit, plush office in the heart of London’s financial district. Expensive cigars float wisps […]
It’s not always how much you sell but the value of what you are selling
“As Oscar Wilde quipped, ‘The cynic knows the price of everything and the value of nothing.’ Are you charging your worth?” Imagine walking into a posh boutique, casually browsing, and then setting your eyes on a handbag with a price tag that makes you do a double-take. “Surely, that’s the price of a car?” you […]
Business needs to innovate to grow
Sun Tzu said, ‘Opportunities multiply as they are seized.’ But what occurs when one slips right through our fingers?” Alright, gather ’round, folks! Let me spin you a yarn about a giant that once was – Kodak 📷 Back in the day, saying “Kodak” was synonymous with saying “photo.” You didn’t take a picture; you […]
You need to be adaptable to change and monitor trends in your business
“Taking a page from Darwin, ‘It is not the strongest of the species that survives, nor the most intelligent; it is the one most adaptable to change. Nokia’s Roller Coaster Ride: From Top Dog to Underdog and Beyond 🦴 Remember when Nokia was the king of the phone jungle? Ah, the good ol’ days! If […]
You absolutely need accurate up to date financial data run your business
“As Mark Twain quipped, ‘Get your facts first, and then you can distort them as much as you please.’ Grab a cuppa and settle in, my friend. Ever been to Starbucks? Of course, you have! But did you know there was a time when our beloved coffee haven was in hot water? No pun intended! […]
Sometimes in business you have to change direction
“Thomas Edison once declared, ‘I have not failed. I’ve just found 10,000 ways that won’t work.’ Buckle up for a story of tenacity.” “Hey there, superhero fan! Ever flipped through a Marvel comic and felt the adrenaline rush as Iron Man took flight or Spidey swung between New York’s skyscrapers? 🦹 Picture this: It’s the […]
Pick Your tax advisors Wisely
“Warren Buffett wisely noted, ‘It takes 20 years to build a reputation and five minutes to ruin it.’ Alright, gather round, footie fans and finance aficionados alike, because I’ve got a tale for you! This isn’t just about football; it’s about big money, tricky trusts, and a legendary club’s near downfall 😒 So, there’s this […]
Pick Your Accountants Wisely
“Confucius noted, ‘Real knowledge is to know the extent of one’s ignorance.’ Hiring a professional is not just about recognizing their knowledge but understanding what lies beneath their glitter.” 🪙 Alright, imagine you’re chilling in your favourite armchair, and your phone buzzes with a headline – “WorldCom, the telecom giant, declares bankruptcy!” That’s the stuff […]
Review your accounts on a monthly basis and know what is going on in your business
“As Warren Buffet wisely said, ‘Risk comes from not knowing what you’re doing.’ 😟 Ever heard the story of the old British bank that crumbled because of one guy’s risky bets in far-off Singapore? Grab a seat; this one’s quite a rollercoaster 🎢 Enter Barings Bank, the British financial heavyweight that’s been around since 1762. […]
