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The Power of Why

In this blog post, we will summarise Sinek's ideas on the importance of "why" and how it can be applied to businesses and organisations. According to Sinek, most organizations focus on what they do or how they do it, rather than why they do it. He argues that this approach is flawed because it

Filed Under: Business rules, Company, Strategy

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The Five Parts of Any Business

The idea that "business is a repeatable process" means that successful businesses have a system or framework in place that can be replicated over time. This process involves identifying a problem or opportunity, developing a solution, creating value for customers, and generating revenue. By using

Filed Under: Business rules, Company, Strategy

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What are Dividends

A company must have sufficient distributable profits to pay a dividend. Distributable profits are the company's accumulated profits that are available for distribution to shareholders, after accounting for any losses, taxes, and other liabilities. The directors of the company must decide whether

Filed Under: Company, How to Guides, Tax

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Reporting your capital gains on property to HMRC

Principal Private Residence Relief (PPR) You do not pay Capital Gains Tax when you sell (or ‘dispose of’) your home if all of the following apply: Find out if you are eligible for the PPR

Filed Under: Tax

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SWOT Analysis

The formulation of the SWOT tool has been credited to Albert Humphrey in the 1960s, but this attribution remains debatable and therer is no universally-accepted creator. The SWOT analysis is an important exercise that can be used both for organisations and individuals. Whether you are trying to

Filed Under: Business rules, Strategy

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Autumn Statement 2022

Key Points An expansion to the windfall tax from 25% to 35% Freezing personal allowance thresholds until April 2028 Capital gains tax allowance cut from £12,300 to £6,000 Freeze inheritance tax nil rate bands until 2027–28 Revised the energy support package from April 2023 Dividend

Filed Under: Budget, Tax

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