One of the massive differences between a successful entrepreneur and a novice is the ability to spot a great business opportunity and many people believe that you have to have an amazing or original idea but I suspect fewer than 1% of all businesses start that way.

Toby Garbett, our EBA Fit for Business expert and double olympian, is featured in this months issue of BodyFit: the ultimate women’s fitness glossy magazine!

Welcome to ‘Bev’s Blog’. This is my new monthly blogspot and it gives me great pleasure to be able to communicate my thoughts and advice in this medium. Bev’s Blog will appear in our EBA Online newsletter on the first Tuesday of each new month.

‘DC’, business owner with an annual turnover of £5.5m asked: “After the budget, tax planning is changing again yet what is the best way to avoid paying Tax on profit in a Ltd company? Is a pension contribution as good as anything else or an EBT contribution? Any suggestions?”

‘DC’, business owner with an annual turnover of £5.5m asked: “Where would you suggest we go to be able to get a list of all the legitimate things we can claim against tax /profit for tax planning?”. Our accounts expert, Simon Patterson replies: