Nick Park Is Cycling 350 Miles for Leonard Cheshire Disability

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Nick Park

Next week, Green & Co partner, Nick Park, is swapping his business suit for Lycra and cycling 350 miles across the tough, challenging terrain of Wales.

Over the space of 5 days (24-28 May), Nick and 9 other cyclists will be taking part in the Tour de Cymru, a cycling challenge around Wales from Anglesey in the North to Llanhennock in Monmouthshire in the South East.

The Tour de Cymru is being organised by the wonderful people at Leonard Cheshire Disability to celebrate the founder, Leonard Cheshire’s centenary year. It will take place over 5 days and during each stage there will be an opportunity to visit all of the Leonard Cheshire Disability services and to meet the staff and residents in those services who will be benefiting from the fundraising efforts.

Leonard Cheshire Disability is the second largest disability charity in the UK and it supports thousands of disabled people by improving their opportunities and helping them to pursue their goals and to live full lives.

The money raised from the Tour de Cymru will be used to support people who use the services of Leonard Cheshire Disability in Wales to have access to adapted sports and physiotherapy equipment, as well as helping disabled people gain access to sporting events in the local area.

You can find out more about the Tour de Cymru and the work of Leonard Cheshire Disability here.

What now?

We would love it if you could support Nick and his 9 companions by donating to this worthy cause and helping them achieve their fundraising target of £10,000.

Donating is easy, you can either contribute via JustGiving by clicking this button…

JustGiving - Sponsor me now!

Or alternatively, you can donate by

Texting LCTC65 + £ (amount) to 70070

We would like to thank you in advance for your support.

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Nick Park with the Tour de Cymru team at last nights press launch at the Norwegian Church in Cardiff Bay. The two cyclists on the end are residents of Leonard Cheshire Homes and are using bikes adapted for people with disabilities.

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Barrie Kenyon Features on the ACCA Online

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Barrie Kenyon of Green & Co speaks to the ACCA online about how accountants can adjust to working long hours during busy periods.

Deloitte’s global 2016 Millennial Survey shows that when salary and other financial benefits are removed from the equation, good work/life balance stands out as the primary factor when evaluating job opportunities.

But what Millennials want and what they can get is not always the same. Many struggle to find jobs that they would be entirely happy with and have to contend with working long hours.

Read more here…

Some Employee Perks Are Being Lost and It Could Be Costly

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Green & Co feature in the South Wales Argus discussing the tax changes for employee perks.

The new tax year has seen a raft of changes, with more legislative reform scheduled to come into effect over the next few years.

From changes in dividends, stamp duty, and national insurance (with a U-turn thrown in for good measure) the way that people are taxed is an ever-evolving landscape. However, it’s not just directors, landlords and the self-employed who have been targeted with new legislation.

Barrie Kenyon, partner at Green & Co Accountants and Tax Advisors said: “From 6th April, the tax and employer national insurance advantages of a salary sacrifice or salary exchange scheme was removed. This means that any employees who have swapped their salary for benefits, which typically include additional holiday days, will now pay the same tax as if they were buying them out of their post-tax income. The Chancellor, Philip Hammond, announced the changes in the autumn statement believing the previous schemes were unfair. From earlier this month, they have started to come into effect.

“However, these changes do not affect those employees who have reduced their salary for pension contributions, childcare purposes such as vouchers, workplace nurseries or directly contracted childcare, the cycle to work scheme and ultra-low emission company cars with co2 emissions of or less than 75g/km.

“The schemes were seen as attractive to both employees and employers, with reduced tax liabilities benefiting both parties.”

Mr Kenyon stressed that there were some caveats that accompany the changes: “If any arrangements which were in place before April 2017 relate to cars with co2 emissions over 75g/km, accommodation or school fees: these arrangements will be protected until April 2021. Also, other arrangements agreed prior to April 2017 that do not fall into the aforementioned categories will be protected until the end of the current tax year in April 2018.”

It is estimated that millions of workers from across the UK will pay more tax due to these changes, with the Treasury believing that these schemes are costing too much in lost tax receipts and national insurance contributions. It is estimated that the reform will cost employers in the UK around £85M this tax year, whilst increasing another £260M by April 2021 when the full changes will come into effect.

If you are worried about any of these forthcoming changes, please contact us at Green & Co for further help and guidance.

Green & Co Accountants and Tax Advisors specialise in business growth and tax minimisation for businesses across Wales and the South West of England.

For proactive advice, contact Green & Co Accountants and Tax Advisors on 01633 871 122, follow @Green_and_Co on Twitter or email barrie@greenandco.com.

Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.

South Wales Argus Features Another Highly Successful Landlord Forum

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The South Wales Argus highlight another highly successful Landlord Forum, held at the end of March. Green & Co’s own Leanne Flanagan opened the evening in front of another large crowd.

Property landlords from across South Wales received advice and support in light of the recent budget as part of the bi-monthly Gwent Landlord Forum.

The event, held by Cwmbran-based Rubin Lewis O’Brien, Green & Co Accountants and Tax Advisors, and lettings agency SerenLiving, took place at the Parkway Hotel.

You can read the whole article here.

If you are interested in attending our next Landlord Forum, due to be held on May 31st, please get in touch now to register your interest.

Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.

Barrie Kenyon Features In This Weeks South Wales Argus

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Barrie Kenyon of Green & Co features in this weeks South Wales Argus discussing how some changes in the new tax year will effect employees as well as employers.

The new tax year has seen a raft of changes, with more legislative reform scheduled to come into effect over the next few years.

From changes in dividends, stamp duty, and national insurance (with a U-turn thrown in for good measure) the way that people are taxed is an ever-evolving landscape. However, it’s not just directors, landlords and the self-employed who have been targeted with new legislation.

To read the whole article, please click here.

Accountancy firm develop its own software in bid to perfect service to clients

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This weeks edition of the South Wales Argus features an article on the development of our own software.

An accountancy firm has developed its own software suite in order to help businesses manage their taxation and finances better.

Cwmbran-based accountancy firm Green & Co Accountants and Tax Advisors has spent over two years researching what their clients need ahead of what is a busy few years of legislative changes.

The software suite is comprised of three facets; an income tax forecaster, a financial performance review and a prosperity dashboard.

Barrie Kenyon, Partner at the firm, said: “Recently, the government has made a number of adjustments to the tax system that are all coming into effect across the next three to four years such as the changes to mortgage interest relief and company car benefit. We want our clients to see how the changes in legislation will affect them so we can reorganise remuneration in a tax-efficient way.”

With Green & Co’s software suite, clients can use the forecaster to analyse the current taxable income and see what future liabilities will be for the next five years.

Explaining the financial review element of the software, Mr Kenyon said: “Some clients may not be able to fully understand the numbers thrown at them from the accounts. It is important that they know how to digest the data from key performance indicators of how the business is performing. Our graphical analysis helps clients understand how the business has been performing year-on-year and it is something we can help them work through and improve upon.

“Our prosperity dashboard reviews the business’ progression toward set goals whilst affording directors accurate up-to-date information as opposed to waiting until year-end accounts are produced.”

The theory behind the software is to provide businesses with real-time information in order to make quicker and better-informed decisions regarding the performance, direction and sustainability of the business.

Mr Kenyon continued: “As with everything we strive to achieve, our end goal is to help build a stronger business for our clients whilst increasing profit and reducing liabilities.”

Green & Co Accountants and Tax Advisors specialise in business growth and tax minimisation for businesses across Wales and the South West of England.

For proactive advice, contact Green & Co Accountants and Tax Advisors on 01633 871 122, follow @Green_and_Co on Twitter or email barrie@greenandco.com.

Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.

Gwent forum quenches landlord’s thirst for information

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This weeks edition of the South Wales Argus features an article on our Gwent Landlord Forum.

Landlords from across South Wales received advice and support as part of the bi-monthly Gwent Landlord Forum.

The event, held by Cwmbran-based Rubin Lewis O’Brien, Green & Co Accountants and Tax Advisors and Lettings agency Serenliving, took place at the Parkway Hotel on Wednesday 25th January.

Three guest speakers gave informative presentations to a packed out room, where landlords and potential landlords were informed of the ins and outs of managing a tenant’s water and the importance of protecting tenant deposits.

Samantha Strong of Rubin Lewis O’Brien, welcomed guests and announced the firm’s agreement to exit from the Quality Solicitors network, reaffirming its complete independence.

Gareth Williams of Dŵr Cymru Welsh Water, discussed the water regulations and how they affect landlords, the affordability schemes and tariffs available to their tenants and the important points of contact available to landlords.

Christopher Leonard from The Deposit Protection Service, spoke about the legal requirements of protecting a deposit as well as the process of disputes.

Ed Gooderham, Director of Green & Co Accountants and Tax Advisors said: “It’s great to see the forum grow from strength to strength. Our main aim is to provide local landlords with as much information and support as possible, and we really feel that attendees benefit from the events.”

The next Gwent Landlord Forum will take place at the Parkway Hotel in Cwmbran on Wednesday 29th March.

For more information, contact Rubin Lewis O’Brien, Green & Co or Serenliving. Alternatively, landlords and those with an interest in the buy-to-let market can follow @GwentLandlord on Twitter.

Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.

 

The Big Question: How do you motivate your staff to keep fit?

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Green & Co’s Barrie Kenyon answers the South Wales Argus Big Question this week.

As the end of January approaches, many resolutions have already fallen wayside.

People start the year with great intentions promising to get fit and do more exercise but after a few weeks, they abandon their plans.

Business Argus has been asking the local business community how they help motivate and encourage their staff to be fitter and healthier?