LONDON, September 9, 2014 /PRNewswire/ --
Since establishing his chartered accountancy practice in 2012, Gary Green has been driving the message to all business owners and new companies that they simply must be considering Seed EIS if they want to have a competitive advantage over others.
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He said, "2013 was all about convincing our clients to take a look at a new government tax scheme while the media was reporting on all the negativity about tax avoidance. After looking at all of the achievable tax savings and reclaims on offer we then spent much of our time discussing new businesses to set up.
"Of course, over the years many entrepreneurs have thought about businesses that they could start but have not had the time or incentive to take that first step. SEIS has completely changed this outlook."
Key Business Consultants were able to set up eight SEIS companies in 2013 in a variety of industries including logistics, floor fittings, film production, a documentary, and several retail products. In 2014 that figure has trebled already and the total tax savings for their clients went over the £500,000 mark.
Individuals have saved from a few thousand pounds to the maximum £50,000 in each tax year. The larger clients are busy trying to come up with new business ideas each year and find a mixture of investors to all come on board and make the ventures a success. Then, of course, there is the extra workload of managing all the new trades.
"At Key Business Consultants we take an active approach to creating wealth for our clients," Gary said. "We can ensure that the compliance requirements are met. We can consult on the business structure, systems and strategy. We can also lay out a tax strategy that will allow businesses the best start possible.
SEIS means competitive pricing, it means improved cashflow when a company needs it the most and it means investment in the core platforms required to have continual growth potential."
With UK figures just released showing that the UK is creating more businesses than at any other time previously, it seems that SEIS might be a factor in this buzz of activity. The only question that we have is how do we benefit from the 'most generous tax scheme ever created'?
Media Contact:
Gary Green
Principle
DigiCool
E: garyg@keybusinessconsultants.co.uk
T: +44-(0)-845-056-3692
W: http://www.keybusinessconsultants.co.uk
Address: 110-112 Kings Rd | 3rd Flood | London | SW3 4TY
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