Boost#12 creating powerful presentations & public speaking

Boost#12 creating powerful presentations & public speaking

• 1.
  Welcome to Boost #12 Howto create a powerful presentation and overcoming the fear of public speaking Feel free to tweet… @boostbristol @SpotlessGroup1 @confidentcomms #boostbristol
• 2.
  Our charity ofthe year... Caroline Tarbuck Young Enterprise West of England Manager
• 3.
  2017 Budget: What doesit mean for your business? Phil Jones
• 4.
  National Insurance Increases Class 2– Abolished from April 2018 (previously announced) Class 4 – Increases April 2018 – 1% increase to 10% April 2019 - 1% increase to 11% Scrapped
• 5.
  National Insurance Increase Examples Earnings2017/18 2018/19 2019/20 £10,000 £313 £184 £202 £17,500 £988 £934 £1,027 £25,000 £1,663 £1,684 £1,852 £35,000 £2,563 £2,684 £2,952 Scrapped
• 6.
  National Insurance – Class2 abolition Class 2 benefits State Pension Employment and Support Allowance Maternity Allowance Bereavement Benefits Cost £2.85 per week (April 17) Who pays? Self employed earning more than £6,025 (Compulsory) Self employed earning below £6,025 (Voluntary)
• 7.
  National Insurance – Class2 abolition Abolished in April 2018 – entitlement linked to Class 4 contributions Earnings between £6,025 and £8,164 = 0% Earnings between £8,165 and £45,000 = 9% Earnings above £45,000 = 2% What about those earning less than £6,025? NI Credits (parents of children under 12, in receipt of certain benefits) Pay Class 3 Contributions at £14.25 per week (April 17) Annual class 2: £148.20 Annual class 3: £741.00
• 8.
  Dividend Changes Dividend Allowanceof £5,000 (introduced in April 2016) will be reduced to £2,000 in April 2018 Additional tax liability Basic Rate £3,000 @ 7.5% = £225 Higher Rate £3,000 @ 32.5% = £975
• 9.
  Making Tax Digital (MTD) Requirementto make quarterly reports to HMRC of income and expenses. Reports to be made electronically via software For the smallest business free software will be available Reports due within 1 month of quarter end Applies to all Businesses and Landlords with a turnover over £10,000
• 10.
  Making tax digital (MTD)-timeline April 2018 – Sole traders, Partnerships and Landlords with turnover above VAT threshold April 2019* – Sole traders, Partnerships and Landlords above £10,000 but below VAT threshold April 2020 – Companies * VAT returns to be filed using Making Tax Digital Software
• 11.
  Making Tax Digital (MTD)- Preparation Do you use accounting software? – if so, will it be compatible with the MTD requirements? Consider bookkeeping packages (HMRC will only provide free tools for the simplest and smallest businesses) If you don’t already do so, then get into the habit of keeping your business records up to date If you have an Accountant then speak to them about MTD Come along to future Boost events – we will be regularly covering this topic over the next two years
• 12.
  Julia Cawte, Communicate with Confidence
• 13.
  Darren Clark, Co-Founder ofSpotless Group
• 14.
  Before you go… Our next event is on Tuesday 13th June “How to build value in your business”  Please fill in the feedback forms  Don’t forget to keep in touch @boostbristol / LinkedIn - BoostBristol