“Now You Can Discover THE Most Confidential of Business Secrets - how to keep up to 5 years or more of expansion profits TAX FREE...!”

If you don’t read all of this message, or call me today, I will not miss a meal.  But, it may have a very significant impact on your finances.

The things that I want to talk to you about will have a dramatic effect on your bottom line.

With one simple phone call you can get through to:

	A business devoted to creating innovative strategies for wealthy individuals and successful businesses.
	A team of tax experts specialising in the niche area of executive remuneration planning.

I'm not kidding. 

What is The PENN REPORT?

The PENN REPORT is a method of structuring expansion in a business to obtain improved cash flow, significant tax savings and reduced risk.

It was developed by Michael Penn, a Chartered Accountant and tax expert who has 40 years of experience of helping businesses, like yours, keep more of what they earn. 

PENN REPORTS usually involve setting up a Limited Liability Partnership business and running it along side your existing business.  It's designed to take advantage of existing HMRC tax legislation aimed at promoting innovation and creativity in business.

But there is a little bit more to it than that and it wouldn't be wise for me to go into too much detail here and now.  What I can tell you is:

	It is tried and tested;
	It is 100% legal and above board;
	It uses existing tax breaks and incentives;
	It is at the other end of spectrum from “aggressive” tax strategies – and does not need to be disclosed to the Inland Revenue - so just the thing if you don't like the risk associated with tax schemes;
	It's a questionnaire based expert system;
	You will be provided with a COMPLIMENTARY, no obligation Initial Review to spell out all the potential savings - you can typically save at least £100,000, in tax and other quantified savings.

Who is The PENN REPORT suitable for?

The PENN REPORT is aimed at Higher Rate Taxpayers (paying tax at 40%) who are trading using:

	Limited Companies;
	Family owned PLC’s;
	Sole Traders;
	Partnerships (including professional);
	Limited Liabilities Partnerships (LLP’s).

When is The PENN REPORT appropriate?

PENN REPORTS are typically used where there is potential for additional profits to be generated by a business doing something new and different.

For example, they may be aimed at new marketing initiatives, services or product launches.  They may also be used by a business dealing with a new customer type or entering new markets, re-branding or employing new channels to market (e.g. Internet, employing a sales rep or using direct mail as a source of new business).

New Business Ventures are also a great opportunity for PENN REPORTS.  Setting up a new branch office, franchising your business, introducing new technologies to your business processes or taking on strategic suppliers/buyers are good examples of where PENN REPORTS could be used to ring fence risk and profits. 

Acquiring assets, like machinery/buildings may also be considered for The PENN REPORT, as can bringing in-house core services, such as delivery, marketing or administration.

Lastly, PENN REPORTS can be used as a low-risk method of testing and/or motivating a member of your management team (or family).

Though based on sound commercial considerations and risk reduction, PENN REPORTS may also be leveraged to reduce or remove other tax liabilities.  Imagine having HMRC pay for your next car!  Interesting, eh?

Why The PENN REPORT?

For a start the sheer size of the savings, £100,000 (and usually a lot more!) is a great reason to have a PENN REPORT.  Typically, you get to keep over 85% of those savings.  And remember, it’s not a tax scheme so there’s no up front cost, worry or hassle.

And think about it – most businesses are looking to expand and grow anyway – so why not keep more of what you earn at no cost to you?

PENN REPORTS are tried and tested, nicely packaged, and can reduce the risks to your business.

What do clients say about The PENN REPORT?

Here's what some clients say about The PENN REPORT:

Early action is therefore essential, otherwise clients may not be able to participate. 

As we have to follow a process, we clearly cannot guarantee that all clients wishing to undertake PENN REPORTS will be able to do so.

What are the risks?  Is it too good to be true? 

Don't make that decision until you have spoken to me to find out more.

What have you got to lose?  Call me now for a complimentary, no obligation Initial Review.

If you prefer to do some formal due diligence then I'm happy to talk to your accountant, bank manager tax adviser or IFA about PENN REPORTS and tax strategies.  Just ask them to give me a call! 

And if you work with businesses in an advisory capacity then I would like to talk to you about PENN REPORTS too!

Personally I'm very excited by The PENN REPORT, and more to the point, so are our clients. They like it because it is tried and tested, and based on incentives and allowances in the tax system that they understand.

Clients also like the concept of PAYS - Pay as You Save - so that the investment in The PENN REPORT is totally linked to the savings made.

Even more than this, of course, they love the amount of tax they can save!

Remember, they say it’s not what you earn but how much you keep that counts.

Yours,

Rick Peet.

P.S. - I don’t care what you know about business tax planning, or how long you’ve been in the business; if you want to find out how to hang on to more your hard earned cash then you need to take the time to read this report and give me a call to talk about PENN REPORTS. It could really save you a lot of money!

Can you really afford NOT to contact me?

You will be kicking yourself if you come back tomorrow or a week from now and things have changed!

 

About AVN Picktree

AVN Picktree is a founder member of the Added Value Network and PROBIZ. We do all the usual stuff you might expect from a leading firm of chartered accountants and business advisers – but we do MUCH, MUCH MORE!

From accounting essential services through to value added services (Tax Strategies, Business HR Systems, Franchise, PALS in Business, Probiz Edge, Goal Getter) our clients benefit from advice and support aimed at growing and developing small businesses.

And that’s good because it enables our clients to be more successful, more profitable and to have more fun running their business, cradle-to-grave.   AVN Picktree constantly works harder to make your "AVN Picktree Experience" unique and memorable by helping you: Build it - effective business growth support and leadership development that enables you to get more, with less and quicker; Keep it - innovative and creative tax strategies so you hang on to more of your hard earned cash; Invest it - wealth creation opportunities and financial management services that secure the future of you and your family; Well being services that help you manage your stress and improve your physical and mental health. AVN Picktree are a UK based firm of Chartered Accountants and Business Advisers offering accountancy and business services to owner managed and family owned businesses in Hampshire and Surrey, including Aldershot, Alton, Blackwater Valley, Borden, Camberley, Farnham, Farnborough, Fleet, Frimley, Guildford, Haslemere, Liphook, Petersfield and Sandhurst. To find out more about how we help our clients visit  www.avnpicktree.com

AVN Picktree Business Strategies Limited

Registered Office: Picktree House, Monks Walk, Farnham, Surrey GU9 8HT.

Tel: +44 (0) 1252 710 333   Fax: +44 (0) 1252 717 477 email: rick@avnpicktree.com

Registered in England & Wales No. 5501728.

 

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The information in this site is of a general nature and is not a substitute for professional advice. You are recommended to obtain specific

professional advice before you take any action.

 

Copyright June 2008 AVN Picktree Business Strategies Limited.  All rights Reserved.