Month: December 2017

Feedback on Seminar 2 (29 Nov 2017)

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On 29 Nov 2017, SBC’s consultant, Renold Tang, delivered successfully seminar 2, entitled “Fundamentals of business taxes and personal taxes in the UK”.  Renold discussed a range of critical tax issues for business owners, including “Income tax for individuals”, “Corporation tax”, “Capital gains tax”, “VAT (value-added-tax)”, “Duties IHT (Inheritance Tax)” and “NIC (National insurance contribution)”.
The seminar 2 has provided the audience with some basic yet powerful knowledge needed to start a business. It was awarded high marks from the clients on many aspects with many positive comments and suggestions.
Comments
  • Good overview of the vital basics and the question session is helpful”.
  • “Different types of corporation tax, tax structure of LLP and Ltd co, tax-free nature of investment income and CGT information and IHT and VAT. Interesting and useful.”
  • “Giving real-world examples to explain the points clearly”
  • “The breadth and clarity of investment starting from absolute basics”
Suggestions
  • “A practical training workshop after the seminar would be useful”
  • “More information on funding bodies, more details on legal obligations and differences between company forms (limited-unlimited), taxation differences, cost of setting up a business (minimum running costs, e.g accountant, lawyer etc), yearly fees for government etc.”
  • “International taxation and more about double taxation”
  • “Internet and online business and how taxes relate to them”
Please click here to see the full post-seminar assessment report.
Following Seminar 1 and 2, which cover general tips/advises to start a business, SBC is going to organize many one-to-one appointments. If you are interested in attending these sections to get more deeply professional advice from SBC’s consultant, please email to smallbusinessclinic@soton.ac.uk.
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Feedback on Seminar 1 (22 Nov 2017)

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On 22 Nov 2017, SBC’s seminar 1 was successfully delivered by Clinic Consultant Renold Tang and Southampton alumnus Mauro. The lecture covered many topics that provide the students and staffs with insights on how to start a business. These topics include “Self-discipline”, “Sacrifice”, “24/7”, “Types of business ventures”, “Sources of funding and how to approach those sources”, “Business vehicles and differences between those vehicles”, “Do you need an accountant?”, “Business registration”, “Partnership and shareholders agreement”, “Customer contracts”, “Supplier contracts” and “Employment contracts”, among others.
The feedback from the audience was largely positive with comments and suggestions such as:
Comments
  • “A real-life success example and the insightful information.”
  • “Targeted to the audience and very interactive”
  • “Interesting, useful information delivered in a direct and honest way”
  • “Answering specific questions/ clearly answered questions”
  • “Talking and interacting + answering questions that people actually want to know about.”
Suggestions
  • “More interactive, split up the class into groups and create discussions.”
  • “Visual resources” and Bigger Lecture theatre”
  • “More guest speakers, maybe from a famous brand to talk about their experience”.
  • “More information on funding and personnel preparation”
  • How to protect yourself from legal things and self-employment
Please click here for full post-seminar assessment report.
Following Seminar 1 and 2, which cover general tips/advises to start a business, many one-to-one appointments are going to be scheduled by SBC. If you are interested in attending these sections to get more professional advises from SBC’s consultant, please email to smallbusinessclinic@soton.ac.uk.