Lotus Owl Business Services

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Filing Deadline: 31 January 2024 You still have time! If you need support with filing your tax returns, contact us today...
01/01/2024

Filing Deadline: 31 January 2024

You still have time!

If you need support with filing your tax returns, contact us today for a free discovery call and quote. We would be delighted to be ale to help you 😀

31/12/2023

HAPPY NEW YEAR TO ALL! ✨

May 2024 bring you all the happiness and abundant successes.

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26/08/2023

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Let's figure this out together! Your tax residency status determines how you are taxed on your foreign income and gains....
25/08/2023

Let's figure this out together!

Your tax residency status determines how you are taxed on your foreign income and gains. However, in order to lose your UK-residency status their are certain conditions that must be met.

If you leave the UK to work abroad, you are not necessarily automatically non-UK resident for UK tax purposes. There are also anti-avoidance measures in place that set out temporary non-residency rules.

HMRC also has an extensive network of double taxation treaties and provisions for UK residents working overseas that are taxable in both jurisdictions. The main function being to prevent you being taxed on the same income twice.

Determining your tax status and the correct tax treatment can become a minefield when you start considering your personal circumstances. But you don't have to work it out alone...

Our tax expertise can help determine your tax status and help make your tax affairs stress-free!

Did you find this interesting or helpful? Comment below with any questions or topic suggestions that would help you ⬇️

Some wise words from Maya Angelou to awaken your thoughts this Thursday....“If you don’t like something, change it. If y...
24/08/2023

Some wise words from Maya Angelou to awaken your thoughts this Thursday....

“If you don’t like something, change it. If you can’t change it, change your attitude.”

Sometimes it can be as simple as asking questions and opening discussions with like-minded individuals...

What do you have to lose? Drop us a DM today and we will reach out to introduce ourselves!

30 minutes free discovery meeting could be the change you are looking for... 😃

We care about Your Experience soooo much... We built our whole approach and business model around it! We don't just want...
23/08/2023

We care about Your Experience soooo much...

We built our whole approach and business model around it!

We don't just want to be the annoyance at the end of the year....

We want to be a key support to you, your business and your tax affairs.

That's why we only work with a certain amount of clients at any one time to ensure that we have capacity to meet your requirements and help you when it matters most.

Want to know more? 👀

Contact Mark today on [email protected] and we will schedule your free discovery call to see how we can best work with you!

Cash is King! Right? 👀Too often we overlook the importance of Profit and more often than people think, this is because w...
18/08/2023

Cash is King! Right? 👀

Too often we overlook the importance of Profit and more often than people think, this is because we don’t see the difference between Profit and Cash.

Cash flow refers to the ins and outs of physical cash for your business. Cash inflows can be achieved through customer receipts, loans, selling assets and many other ways.

Profit is the net ‘income’ of your business defined as revenue less expenses (ignoring capital expenditure). Overtime if a business isn’t profitable, it will have negative impact on cash flow and it’s existence.

There are many strategies to achieving higher profits whilst planning your cash flow. But is there a ‘right’ way?

Quite simply…No! Every business is different with different needs and circumstances to consider.

But understanding the difference and significance of profit and cash flow is the first step to finding your way and growing your businesses success!

For more support in this area, enquire with us today and we will schedule your free 30 min discovery session. We’d love to help get you started with your cash flow planning and profit maximisation!

Address

26 Rushmere Road
Lowestoft
NR338DA

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