Red Bull Team Returns to Extreme Sailing:
(February 22, 2017) – After securing its third season podium in the Extreme Sailing Series™ last year, 2017 will see Red Bull Sailing Team return to compete in the adrenaline-fuelled Stadium Racing circuit. With a combination of highly experienced sailors and talented young chargers, including a standout newcomer, the Austrian team is hungry for its first championship title. The team will have eight Acts to out-sail the world’s best in what looks to be the most competitive season yet. Full Report.
Full Article: Scuttlebutt Sailing News – Red Bull Team Returns to Extreme Sailing, Assoc Editor
Eight Rules for Racing the Racer/Cruiser:
Quantum Sail’s David Flynn has spent years helping cruisers with their competitive bug. In a perfect world you could have a boat for every need, but if you’re like most of us and your budget only allows for a one boat program, Dave is here to help with his eight rules for racing your racer cruiser.
Any hardcore core racing sailor will tell you that the whole concept of a dual-purpose racer/cruiser is an oxymoron. They are correct. A purpose-built racing boat will always ultimately beat even the best prepared racer cruiser all things being equal. So ideally if you want to be competitive you need a boat to race and a boat to cruise. And then there are some who will only race o…
Full Article: Scuttlebutt Sailing News – Eight Rules for Racing the Racer/Cruiser, Editor
VAT return is often an issue that daunts the businessmen; especially if they are not aware about the rules and regulations. The visit of a VAT inspector in their premises might be challenging event for many business owners, as they would be apprehensive if they have been filing the VAT returns in a correct fashion. Do keep in mind that it is not a complicated affair at all provided you know the right paperwork required for the process.
Now what are the essential things that you need to know about VAT return? First and foremost you need to have a basic idea of the process and know that in order to formulate the VAT return the total taxes will be measured against the total sales turnover and the expenses. The clue is that these two facts need to tally. If it is so then the returns will be said to be accurate.
Each and every honest enterprise needs to be efficient in maintaining their financial records. The business owner is liable to maintain a proper audit trail and the figures that are maintained in the audit needs to match with the taxes files. Whenever an audit inspector visits you he will most likely check for these details though each of them might have varied ways to undertake the audit process.
To satisfy the requirements of the VAT officer make sure that the receipts and payments and the bank accounts of your organization are maintained in an adequate fashion. Before you file VAT return, you should carefully examine the figures and find out if there is an anomaly. In fact the successful filing of your VAT return will depend entirely on how efficiently you have maintained your accounts. The inspector is likely to go over all your audit accounts. He or she will raise a query only if there is some gross anomaly in your audited accounts.
Thus it is a must to ensure that your audits are done properly and if required you need to seek the help of an expert who will help you to file a perfect tax return and maintain flawless audit. The inspector will look for a proper audit trail and then examine the total. After he has checked the total, he or she will check the purchase and sales invoices to come up with the figures of the supplier and the customer and see if the financial transactions support each other or not.
To sum up it is essential to do maintain proper audits and ensure that they match with the taxes file if you want to pass the VAT inspection sans any problem.
Mike Novik provides how-to advice on small business and home-based work issues. He helps small businesses reach their fullest potential. His recommendation for to-day is to visit Companies House UK