August 2017 Newsletter

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USE OF SOCIAL MEDIA CAN OPEN YOU UP TO A TAX AUDIT

Posting images and content online showing your latest holiday or purchase seemed like a good idea at the time!  Just remember who might be looking at your social media as well.

Click here to read our full article.

ARE DIRECTORS’ LOAN ACCOUNTS SAFE?
The majority of our clients that run their business through a company structure use directors (or shareholders’) loan accounts.

There is nothing necessarily wrong with this if you understand them, and we would have discussed these with you in the past.

A short term company cash flow solution may turn into a serious problem for the director if you don’t understand the loan requirements.  Please click here to read our full article and contact your client manager if you have any queries.

COMMON BANKRUPTCY MYTHS
Courtesy of an insolvency accountant colleague, we clarify some common bankruptcy myths in this months article.

Our article is only a brief summary of some of the points of bankruptcy.  if you are affected by debt, please contact us as our insolvency accountant colleagues may actually be able to help you get back on top of your financial situation.

REWARD STRUCTURES FOR STAFF
We often get asked by clients of what options they may have to reward and motivate their staff. There are various alternatives available as to how employees could be rewarded. Obviously there are pros and cons of each.  In our article we have listed down some alternatives for you to consider.

Kreston Stanley Williamson Team

*Correct as of August 2017

*Disclaimer – this article has been produced by Kreston Stanley Williamson as a service to its clients and associates. The information contained in the article is of general comment only and is not intended to be advice on any particular matter. Before acting on any areas contained in this article, it is imperative you seek specific advice relating to your particular circumstances. Liability limited by a scheme approved under professional standards legislation.

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