Wanna know how to *really* boost your website income?

Written by Chuck McCullough

Continued from page 1

Aren't there any other matters to consider in deciding whether to incorporate or not?

Higher administration costs to comply with company law, payroll and bookkeeping is one factor. Another issue is pension planning. Extracting profits out ofrepparttar company as dividends rather than salary means that there will be no "net relevant earnings" and therefore pension contributions can't be made. Butrepparttar 102591 advent of stakeholder pension plans has meant that contributions up to œ3,600 per year can be made withoutrepparttar 102592 need for any earnings. If a person does not wish to transfer funds in existing plans into stakeholder because of high charges, there is a way out:repparttar 102593 best net relevant earnings (i.e. salary) in five consecutive years can be used for making contributions forrepparttar 102594 next five years, even if there were no salaries inrepparttar 102595 remainder four years. It is comforting to know that entitlement to basic state pension is not affected by taking a salary fromrepparttar 102596 company atrepparttar 102597 level of a person's personal allowances i.e. œ4,615.

Furthermore, an individual may decide not to bother with pension plans and instead invest in ISA. Often, these can be more efficient than pensions but that's besiderepparttar 102598 scope of this article. If that option is taken, no salary is necessary.

Another factor is business motoring. It might be tax advantageous for an unincorporated business that owns many cars not to incorporate because if these cars have some private use there will be benefits in kind taxed onrepparttar 102599 users. These are generally higher thanrepparttar 102600 straight apportionment between private and business for all car running costs inrepparttar 102601 case of sole traders.

The conclusion is that there can be considerable tax savings waitingrepparttar 102602 sole trader who decides to go downrepparttar 102603 road to incorporation. But, one needs to proceed with caution and careful planning. And don't forgetrepparttar 102604 biggest advantage of incorporation, which is Protection from Personal Liability. Incorporating is one ofrepparttar 102605 best ways to protect a business owner from personal liability. Shareholders of a company are generally not liable forrepparttar 102606 obligations ofrepparttar 102607 company. Creditors of a company may seek payment from its assets, but notrepparttar 102608 assets ofrepparttar 102609 shareholders. This means that business owners may engage in business without risking their homes or other personal property.

Thank you for takingrepparttar 102610 time to read this Article. I hope you've found it useful. If you have, please drop me an email and let me know what you think.

You can email me at...


Alternatively, you can visit our website at http://www.tax-accounting-london.info and read a series of other full length articles that presentrepparttar 102611 complete picture on a variety of interesting topics.

If you would like to know how to save tax and make sure that more of your hard earned cash stays with you to expand your business and increase your profits, we have a Free Special Report addressed to small businesses either starting up or already in business. This Exclusive Free Special Report is available automatically when you subscribe to our regular series of Free Newsletters on finance advice and tax planning by visiting our subscription area on our website www.tax-accounting- london.info. It is complied from real life situations dealing with small business tax affairs for over 10 years and it is loaded with down-to-earth advice and practical, understandable examples.

LEGAL NOTICE Whilst every care has been taken inrepparttar 102612 preparation of this article,repparttar 102613 author cannot accept responsibility for any errors or omissions. Proper professional advice should be taken at all times.

We retain copyright forrepparttar 102614 contents of this article. Any unauthorized copying or onward distributions are prohibited without our consent.

Chuck McCullough is the owner of http://AffiliateMatch.com offering FREE articles, tips, hints, and real-world advice on how to make money with your website. Visit his site or join his FREE newsletter, The AffiliateMatch Informer by sending a blank email to mailto:newsletter@affiliatematch.com

Changing faces of affiliate programs?

Written by Chuck McCullough

Continued from page 1

Don't get me wrong, I'm not condemning affiliate programs...my entire site is dedicated torepparttar topic. I just want you to know that some companies are starting to look at new methods of rewarding you for sending them customers. After all, you are a salesman for them. How many brick-and-mortar companies do you know of that will have a salesperson make a sale, pay them their commission, and then never pay them another cent for future business from that same customer?

Why shouldrepparttar 102590 Internet be any different? It shouldn't...and program administrators are finally figuring that out.

There are many companies that will trackrepparttar 102591 visitor that came from your site, and credit you forrepparttar 102592 sale even if they don't purchase something untilrepparttar 102593 next day, or week, or month. Others will make that visitor your lifetime customer. If they come back two years later and buy something, you will get a commission for that.

A good example of this is Ken Evoy's 5 Pillar Affiliate Program. If you sell one of your visitors a copy of his book: "Make Your Site Sell!"( http://www.sitesell.com/helpmakemy.html ), you will not only get a commission for that sale, you will also get a percentage of all future sales from that customer, no matter what product or service they purchase.

A new idea being offered by companies such as Vstore ( http://affiliatematch.com/vstore ), is to allow your visitors to buy products without ever leaving your site. This means thatrepparttar 102594 visitor hasrepparttar 102595 time to spend on YOUR site, and get to know what excellent content you have to offer, and to hopefully return to YOUR site for future purchases.

This concept allows you to sell products such as magazines, gifts, luggage, hats, cooking accessories from your site, without having to give uprepparttar 102596 customer that you worked so hard to get.

Here is an example ofrepparttar 102597 power of this idea: I have a site that gives tips and hints for those hoping to become Microsoft Certified. An excellent product for me to sell from that site is books. Everyone studying for this certification will need books at some point or another to help them passrepparttar 102598 exams. They come to my site for information, and I sell them a couple of books while they are there. Does pretty well for me, but can I quit my day job? Not exactly. I get a great deal of traffic...highly targeted traffic at that.

I should be rich! I'm not. Problem is, they visit my site, I do my best to sell them onrepparttar 102599 idea that they will need books to help them study forrepparttar 102600 exams, then I send them off to Amazon, and they're gone. If I'm lucky, they might remember my site when they get ready for their next exam. But chances are that they will still haverepparttar 102601 Amazon shipping box sitting on their desk, and will go directly to them to purchaserepparttar 102602 additional books.

So what can you do about it? Look for programs that will compensate you for future sales, or give you credit forrepparttar 102603 salerepparttar 102604 next day, or month after they first visited them from your site. Or, look for programs that allow you to sell products directly from your site, withoutrepparttar 102605 visitor ever having to leave.

Chuck McCullough is the owner of http://AffiliateMatch.com offering FREE articles, tips, hints, and real-world advice on how to make money with your website. Visit his site or join his FREE newsletter, The AffiliateMatch Informer by sending a blank email to mailto:newsletter@affiliatematch.com

    <Back to Page 1
ImproveHomeLife.com © 2005
Terms of Use