The Sixth Sense Accounting Management Taxation

🌟𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠 𝐎𝐮𝐫 𝐍𝐞𝐰 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐓𝐡𝐞 𝐒𝐢𝐱𝐭𝐡 𝐒𝐞𝐧𝐬𝐞 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐓𝐚𝐱𝐚𝐭𝐢𝐨𝐧! 📊💼👨💼 We’ve rebranded to serve you better! Our accounting services are now more efficient, personalised, and focused on your business needs.     Expect seamless solutions and expert guidance every step of the way.  ➡️ Ready to elevate your finances? Contact us today!  #AccountingRebrand #NewBeginnings #BusinessFinance #TheSixthSense 

𝐓𝐡𝐞 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐜𝐞 𝐨𝐟 𝐑𝐞𝐠𝐮𝐥𝐚𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐀𝐮𝐝𝐢𝐭𝐬 𝐟𝐨𝐫 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 🙄✅ Stay proactive and catch issues early with periodic reviews of your financial records. 🔹 Audit your financial statements regularly – even without hiring an outside firm. 🔹 Look for discrepancies or patterns that could impact your finances. 🔹 Address issues promptly to maintain financial health. The Sixth Sense Accounting can help guide you through periodic audits, ensuring your finances stay in check. ✔️ 💬 Let us help you keep your business on track. Contact us for audit support! 🌐 https://www.tssamt.co.uk/ #FinancialAudits #BusinessHealth #TheSixthSenseAccounting

𝐇𝐨𝐰 𝐄𝐱𝐩𝐞𝐧𝐬𝐞 𝐓𝐫𝐚𝐜𝐤𝐢𝐧𝐠 𝐓𝐨𝐨𝐥𝐬 𝐂𝐚𝐧 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐲 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐅𝐢𝐧𝐚𝐧𝐜𝐞𝐬 💶📚 Consider implementing expense tracking software to automate the process and save time. 🔹 Track receipts and automate entries. 🔹 Generate comprehensive reports for spending insights. 🔹 Identify areas for cost reductions with detailed data analysis. At The Sixth Sense Accounting, we can recommend the best tools to help streamline your expense management. 📊 💻 Contact us to explore the best tools for your business! #ExpenseTracking #TechForBusiness #TheSixthSenseAccounting

𝐖𝐡𝐲 𝐒𝐞𝐩𝐚𝐫𝐚𝐭𝐢𝐧𝐠 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐅𝐢𝐧𝐚𝐧𝐜𝐞𝐬 𝐢𝐬 𝐂𝐫𝐮𝐜𝐢𝐚𝐥 🚨🙏🏻 Keep your business and personal finances separate to ensure clarity and control over your expenses. 🔹 Open dedicated business banking accounts. 🔹 Only conduct business transactions through these accounts. 🔹 Simplify your tax preparation and legal obligations with clear records. The Sixth Sense Accounting can help you set up systems for separating and tracking your finances accurately. 💼 💬 Get in touch for tailored advice on managing your business finances! 🌐 https://www.tssamt.co.uk/ #SeparateFinances #BusinessOrganization #TheSixthSenseAccounting

𝐂𝐚𝐬𝐡 𝐅𝐥𝐨𝐰: 𝐓𝐡𝐞 𝐋𝐢𝐟𝐞𝐛𝐥𝐨𝐨𝐝 𝐨𝐟 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 💸✅ Monitoring your cash flow diligently helps avoid cash shortages and ensures smooth operations. 🔹 Implement real-time cash flow monitoring systems (such as accounting software). 🔹 Analyze inflows and outflows regularly to make informed financial decisions. 🔹 Identify trends early to stay ahead of potential problems. Let The Sixth Sense Accounting assist you in managing your cash flow effectively to keep your business running smoothly. 💸 📞 Reach out for expert cash flow management advice! 🌐 https://www.tssamt.co.uk/ #CashFlowManagement #BusinessFinances #TheSixthSenseAccounting

𝐓𝐡𝐞 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐒𝐮𝐜𝐜𝐞𝐬𝐬: 𝐂𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐚 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐁𝐮𝐝𝐠𝐞𝐭 𝐟𝐨𝐫 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 ✅👌🏻 A comprehensive budget isn’t just a one-off task – it's a dynamic tool that evolves with your business. 🔹 Start by identifying your fixed and variable costs. 🔹 Use historical data to forecast future expenses. 🔹 Review and adjust your budget regularly to ensure it’s relevant and up-to-date. At The Sixth Sense Accounting, we can help you create a budget tailored to your business needs, setting the foundation for growth. 📈 💬 Contact us today to get started! 🌐 https://www.tssamt.co.uk/ #BudgetingForSuccess #ExpenseManagement #TheSixthSenseAccounting

𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐳𝐞 𝐘𝐨𝐮𝐫 𝐁𝐀𝐃𝐑 𝐂𝐥𝐚𝐢𝐦 𝐟𝐨𝐫 𝐌𝐚𝐱𝐢𝐦𝐮𝐦 𝐓𝐚𝐱 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 💪🏻📅 To make the most of Business Asset Disposal Relief, planning is essential. 🔸 Remember, the 10% rate applies only until March 2025. 🔸 You need to have owned the business for two years or more. 🔸 Ensure all paperwork and asset documentation are in order. At The Sixth Sense Accounting, we help you evaluate the best time to dispose of your assets, ensuring you take full advantage of BADR before any rate increases. Our experts will guide you through every step to ensure your claim is as tax-efficient as possible. 💬 Get in touch for personalized BADR planning advice today! 🌐 https://www.tssamt.co.uk/ #BADRClaim #TaxEfficiency #TheSixthSenseAccounting

𝐇𝐨𝐰 𝐖𝐢𝐥𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐬𝐬𝐞𝐭 𝐃𝐢𝐬𝐩𝐨𝐬𝐚𝐥 𝐑𝐞𝐥𝐢𝐞𝐟 𝐂𝐡𝐚𝐧𝐠𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞?🙄📘 In the 2024 Budget, the Chancellor announced changes to BADR starting in April 2025. Here’s what’s coming: 🔸 In April 2025, the CGT rate for BADR will rise from 10% to 14% 🔸 In April 2026, the rate will increase again, from 14% to 18% If you're planning to dispose of business assets, it may be worth considering making a BADR claim before the rate increases in 2025. Let The Sixth Sense Accounting help you plan the most tax-efficient time to make your claim and maximize your savings. 🗓️ Act now to lock in the 10% rate! 🌐 https://www.tssamt.co.uk #BADRChanges #TaxPlanning #TheSixthSenseAccounting

𝐀𝐦 𝐈 𝐄𝐥𝐢𝐠𝐢𝐛𝐥𝐞 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐬𝐬𝐞𝐭 𝐃𝐢𝐬𝐩𝐨𝐬𝐚𝐥 𝐑𝐞𝐥𝐢𝐞𝐟? 🤔📅 To claim BADR, certain criteria must be met: 🔸 You must have owned and run the business for at least two years 🔸 The shares or assets you own must be directly linked to the business BADR is available to business owners who have invested time and resources into their ventures. If you qualify, you can benefit from paying only 10% CGT on gains up to £1 million. At The Sixth Sense Accounting, we help you determine if you meet the requirements for BADR and how to maximize your tax savings. 📅 Schedule a consultation to assess your eligibility today! https://www.tssamt.co.uk/ #EligibilityForBADR #BusinessAssets #TheSixthSenseAccounting

𝐇𝐨𝐰 𝐃𝐨𝐞𝐬 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐬𝐬𝐞𝐭 𝐃𝐢𝐬𝐩𝐨𝐬𝐚𝐥 𝐑𝐞𝐥𝐢𝐞𝐟 𝐖𝐨𝐫𝐤? 💼✅ BADR allows you to reduce the CGT you pay when disposing of qualifying business assets like shares, property, machinery, and even intellectual property rights. 🔑 Here’s what you need to know: 🔸 A reduced CGT rate of 10% on gains 🔸 Applies to shares in a trading company, business assets, and IP 🔸 £1 million lifetime limit on relief Planning ahead is key to making the most of this relief. Let The Sixth Sense Accounting help you navigate the eligibility requirements and calculate your potential savings. 📞 Reach out for expert advice on making the most of BADR. #BADRExplained #TaxRelief #TheSixthSenseAccounting