Recent content by Energise Accounting

  1. Energise Accounting

    Structure for purchase of Industrial Unit

    Yes, company B will own it eventually, but OP wants to charge rent before company B owns it to pay the deposit, this can't be done for obvious reasons.
  2. Energise Accounting

    Structure for purchase of Industrial Unit

    You can only rent out something you own
  3. Energise Accounting

    Valuing a pub

    Yes it only takes a handful of people to object and that is it. It has took the CO-OP 10 years on a pub about 2 miles away from where i live to turn the pub into a supermarket.
  4. Energise Accounting

    Valuing a pub

    if you PM me the postcode of the pub i will do a quick calculation of FMT for you.
  5. Energise Accounting

    Valuing a pub

    Ok a few points. 1. The pubco will know exactly the trading history 2. Pubs are generally valued on turnover normally anything from 1.5 to 3 times turnover depending on various factors. 3. You will probably see in the sales particulars may be suitable for redevelopment an indicator it...
  6. Energise Accounting

    HGV Driver shortage

    There must be a shortage a company near us is offering up to £52,000 pr anum if you are prepared to do tramping.
  7. Energise Accounting

    PAYE vs Dividends?

    An Accountants job is to help you pay the least amount of tax possible legally of course. What you need is a good mortgage advisor.
  8. Energise Accounting

    Accounts info

    Using cash-based accounting in a sense is simpler although as your business grows and you may need to hold more stocks the profit differences can get quite a bit larger. Specially if you need to add in a few capital items in during the year. This may or may not be a problem in the future...
  9. Energise Accounting

    Incorporate Holdings Company - Yay or nay?

    As Mark has mentioned is it necessary? What happens in simple terms is you give away share(s) of an existing company to your holding company. Then you receive a equal value of share(s) from the holding company. Creating a tax neutral position. There are other ways of achieving the above...
  10. Energise Accounting

    How to arrange a rent increase. Industrial Units

    What I should have said is take my solution as a starting point that is what a surveyor told me they do. Then look around the area if all the shops are boarded up you are going to have to lower your expectations. Same with industrial units. Although as quite rightly pointed out estate agents...
  11. Energise Accounting

    Running two unrelated companies - pitfalls

    My question is. Why has the Accountant not picked this up?
  12. Energise Accounting

    How to arrange a rent increase. Industrial Units

    Business rates are based on the open market rental values in 2015. If you just increase by inflation for every year since. I bet in 90% of cases there will not be huge differences. As that is pretty much the formula surveyors use, to establish a fair rent. .
  13. Energise Accounting

    How to arrange a rent increase. Industrial Units

    Just add inflation.
  14. Energise Accounting

    How to arrange a rent increase. Industrial Units

    Commercial rents are normally based on the Rateable Value of the premiss.
  15. Energise Accounting

    Starting a high street branch - short-term options?

    Do as suggested by others. The Estate Agent that is dominant in our area for selling housing stock is Purple Bricks. However, for commercial property and lettings it seems to be still high street branches.
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