Great Oak Capital Limited

Tax Payment Solutions

Boutique Trade Financial Managed Solutions

Michael Samuels

Managing Director of Great Oak Capital Ltd

Director of family finance company

Insurance broker

Property developer and trader

Really nice guy

Great Oak Capital Limited

Based in Manchester

Company number 6967128

Licensed by the Ministry of Justice - number

CRM 21452

Data protection number Z1962784

NOT tax advisors

Two Certainties in Life

Death

Two Certainties in Life

Death Taxes

and

Personal Tax

Income Tax

Inheritance Tax

Capital Gains Tax

Company Tax

Corporation Tax

Value Added Tax

PAYE arrears

Capital Gains Tax

Tax Queries

NOT our area of operation

We do NOT negotiate the amount due

Disputes – NOT our remit

The client must discuss these elements with his

Professional Tax Advisors

HMRC do not have to give you time to pay –

this is a negotiable privilege

What is our role?

To negotiate

a fair and equitable

payment solution

Key tasks when times are tough 1

Analyse the health of your business

Learn to identify when a customer is in trouble

Consider ways of developing your existing markets

and building on relationships with existing customers

Consider ways of developing new markets and

finding new customers

Key tasks when times are tough 2

Keep your cash flow healthy

Tighten up your credit control and maintain a healthy cash

flow

Learn to work with cash flow forecasts and remain aware of

your cash position at all times

Keep track of the time it takes for you to pay your suppliers

and for your customers to pay you

Consider debt factoring and invoice discounting

Key tasks when times are tough 3

Limit the risks your business faces

Develop strategies to manage all risks you face

Carry out a SWOT analysis

Consider worst-case scenarios and know exactly

what to do if your business experiences serious

financial problems

Key tasks when times are tough 4

Develop an effective survival strategy

Revisit your business plan and development strategy

and make changes according to your current

circumstances

Inspire confidence and keep your employees

focused and motivated

Key tasks when times are tough 5

Access sources of business support

Maintain good lines of communication with your

accountant and bank

Seek advice from your business adviser or from your

local Business Link

Changing the landscape

List the creditors

List the debtors

We cannot change the landscape

until we know what the landscape contains

I feel lonely

Do you owe all of it?

The Government tells us that there is £42,000,000,000 owed

Face up to the Facts

YOU’R IN THE S**T Can’t pay/won’t pay Posted late returns Incurred fines Ignored letters Received phone calls You want it all to stop IT WONT!

Cause of the problem

Customers CAN’T pay you because

someone else isn’t paying them

The bank won’t help

YOU have caused it and YOU must resolve it

Business make-over

A commercial Gok Wan

Do you look good naked?

Let’s formulate a structured strategy for

recovery

Solutions

Personal Bankruptcy Individual Voluntary

Arrangement (IVA) Managed Agreed Plan

Corporate Receivership Bankruptcy Commercial Voluntary

Arrangement Managed Agreed

Solution

Recovery Solutions

Based on agreed payments over an equitable period

Recovery solutions

Coaching skills

Management change

Increased efficiency

Creating an Attainable Pathway Forward

Great Oak Capital Limited

We talk through the situation together

We visit your offices

We plan the solution together

We carry out the plan together

We have the skills to take you forward