When I set up my practice initially I was desperate for new clients, it just took some patience and the understanding that it was my few existing clients who generated the most new work for me.
Use the "spare" time you have to maximise the service you provide to existing clients, go and have a coffee and a chat with them, you'll be surprised what may come out of it.
I applied for agent status on 8 June and finally received my agent codes this morning. If you haven't received anything since April I would be inclined to write again.
All of these responses are following on from an opening post referring to basic rate dividends and the problem caused by the budget, no mention has been made regarding higher rate so I am therefore wondering why loans are being discussed as a remedy to the new regime....
I may have misunderstood the budget entirely [quite possible!] but with the scrapping of the tax credit, doesn't this give approximately £3k of additional take-home dividend from the previous regime still within the basic rate?
If so, assuming a c.£10k salary, a tax charge of approximately £2k arises, after using the £5k dividend allowance.
Is this not actually £1k better off in real cash terms, so basic rate tax payers are slightly better off anyway? Or have I missed the point?
My answers
When I set up my practice initially I was desperate for new clients, it just took some patience and the understanding that it was my few existing clients who generated the most new work for me.
Use the "spare" time you have to maximise the service you provide to existing clients, go and have a coffee and a chat with them, you'll be surprised what may come out of it.
2 months for me
I applied for agent status on 8 June and finally received my agent codes this morning. If you haven't received anything since April I would be inclined to write again.
Am I missing something?
All of these responses are following on from an opening post referring to basic rate dividends and the problem caused by the budget, no mention has been made regarding higher rate so I am therefore wondering why loans are being discussed as a remedy to the new regime....
I may have misunderstood the budget entirely [quite possible!] but with the scrapping of the tax credit, doesn't this give approximately £3k of additional take-home dividend from the previous regime still within the basic rate?
If so, assuming a c.£10k salary, a tax charge of approximately £2k arises, after using the £5k dividend allowance.
Is this not actually £1k better off in real cash terms, so basic rate tax payers are slightly better off anyway? Or have I missed the point?