Tag: benefits

Benefits Of Forming A UK Company

First and foremost, the principal benefit of trading via a limited company has always been the limited liability bestowed upon the company’s officers and shareholders. As a sole trader or other non-limited business, personal assets can be at risk in the event of a failure of the business, but this is not the case for a limited company. As long as the business is operated legally and within the terms of the Companies Act, directors’ or shareholders’ personal assets are not at risk in the event of a winding up or receivership. And as often happens on occasion, such events are not always under our own control.

The Shocking Tax Benefits Of Section 179

Hi Wayne: What can you tell me about Section 179? I own a small business and have heard that I can obtain a substantial tax benefit by purchasing a new vehicle. I was told that to obtain the most benefit I should purchase a vehicle with at least 6000 lb. Gross Vehicle Weight. How much benefit could I expect and do I have to maintain ownership for any specific length of time? If I purchase late in the year can I still utilize the deduction? Is there anything I should be aware of that could bite me if I’m not careful?

Original Content: The Benefits Of Writing It Yourself

One question that comes up often when I speak to businesspeople about E-Newsletters is, “How important is it for us to write original content?” I’ve been fielding this particular question long enough to know that what’s really being asked is, “Can we just get somebody else to write this for us?”

Much to the disappointment of the questioners, my answer has always been a resounding, “No!”

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