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Business Wealth Club          More groups needed to step forward for Asda token fundraising
           opens in Swindon           Shoppers at Asda Walmart in North Swindon have voted for Swindon Stroke Club to receive £200 from the
           A branch of the world’s most    Community Life Fund which operates in all stores, and there are opportunities for more groups to benefit.
           powerful business training,    Shoppers are able to choose from
           coaching and support network   one  of  three  community  causes  by
           has opened for membership at   depositing  tokens  in  a  plastic  con-
           the DeVere Village Hotel, Shaw   tainer  by  the  store  entrance.  Every
           Ridge.                     two months the one with the most
                                      receives £200 and the two runners
                                      up get £50 each.
                                        Members of the Stroke Club were
                                      over the moon to be invited before
                                      Christmas to receive a cheque which
                                      has been put towards transport for
                                      people without a way for getting to
                                      weekly  meetings  at  the  Methodist
                                      Church Hall, Ermin Street in Strat-
             It’s hosted by the club’s latest   ton St Margaret. The group, which
           fully trained business mentor and   has been running for 32 years, has
           coach Ant Hodges, above. The   seventy members with around forty
           Innovative format of the Business   regularly attending meetings.
           Wealth Club is for business owners
           and entrepreneurs keen to learn   Treasurer  Lin  Hancock  said  the   Pleased to receive the Asda cash, from left, Angie Jarmey, Barbara Rawle, Lin
           how to boost their sales profits and   group is grateful to Asda shoppers for   Hancock, Ivor Hancock, community life champion Yvonne Bidwell and manager
           achieve greater success in today’s   supporting them. “It costs a lot each   Martin Webb
           challenging economy.       year to pay for members’ transport.  in  on  myself.  You  wouldn’t  believe  who would like to raise money via the
             There are free workshops on   We have terrific volunteers working  the change I’ve been through since I  token voting scheme. Contact her on
           offer on 15 February: Supercharge   with members and it’s wonderful to  started attending meetings. The help- 0791 717679 for details or pick up a
           your social media, and 15 March:   see the smiles amongst members after  ers, organisers and other members pro- leaflet at the Community Life display
           Rev up your profits.       an event or an outing.”     vide super support. It’s a lovely group.” at the entrance to the store.
             Find out more and register at   Angie Jarmey said she joined the   Asda  Walmart  community  life   Application forms are also available
           www.thebusinesswealthclub.  club two years ago. “I was miserable  champion Yvonne Bidwell said she  at the stand close to the entrance to
           co.uk/swindon              with my disability and was turning  would like to hear from more groups  Asda at West Swindon Centre.




             Now is the time to                                                    Ask Peter B
                                                                                     Ask Peter B
                                                                                     Ask Peter B
             make the right move                                                     Advice for small businesses
                                                                                     from Peter Bromiley ACA
             for your business                                                       Technical Director
                                                                                     AMS Accountancy Ltd. Swindon.
             ●  Modern Surroundings                                  Q: Can you explain the ‘24 month rule’?
             ●  Light modern office                                  This rule is principally site based and applies to Travel and
                space up to 2000 sq.ft.                              Subsistence for all employees, including Directors.

             ●  On-site management                                   If you work, or even know that you will work at a site for over
                                                                     40% of your working time for longer than 24 months - you are
                centre & manned                                      caught by the 24 month rule. You must then immediately stop
                reception                                            claiming for travel and subsistence expenses.

                                                                     The 24 months can only re-start if: you take a long break from
             ●  Comfortable                                          the site, you move to another site, or you have a new employer.
                breakout area                                        (see HMRC online booklet 490)
                                                                       Example: Jim has a Limited Company and works in Andover 2
             ●  On-site meeting rooms                                days per week and claims tax relief on his travel.  Because his 18
             ●  24/7 access & CCTV                                   month contract has just been extended by 9 months, he must
                                                                     stop claiming for these expenses immediately. This is because
             ●  Free on-site parking                                 he knows he will work at this site over 40% of his work time for
                                                                     more than 24 months!  (An extension of 6 months would have
                  No obligation, no surprises and no lease term      allowed Jim to continue to claim travel expenses)

             Basepoint Business Centre         www.basepoint.co.uk       01793-818400     www.ams-accountancy.co.uk
             Rivermead Drive
             Swindon SN5 7EX                      @Basepoint_Swnd
                       To arrange a viewing call the
               management team today on 01793 608800
           10  swindonlink.com • February 2013




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