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OBP Newsletter

October 2019

Sorry that we haven’t written in a while! We have been really busy over the past few months and are keen to share all our latest news. We have taken on new clients and we would like to say a huge thank you to everyone who has recommended us. We would also like to say thank you for the many Google business reviews that we have have received. We really appreciate your support. 

Starting last week, Jess and Tom have begun an exciting new media project “Money-saving & Lifestyle” blog, which is posted twice per week on our social media platforms. The aim of this new innovation is to give supportive tips to you on your personal finances, whether that be to do with personal tax, credit scores & loans, or simply day-to-day money-saving advice. At Obp we pride ourselves on creating a close relationship with every one our clients, and would now like to share our experiences navigating the complicated world of personal finance. Tune in to our social media platforms every Tuesday and Thursday to find out what we’ve got in store. 

 We would also like to take this time to welcome Georgia to our Team. With Tom now working with us part-time, his role has grown and grown each week, so we have decided to take on another team member to work alongside him with all our digital marketing and social media projects. We have had some lovely feedback on our recent projects as our social media presence continues to grow, so please take a look on our Facebook, Twitter, & LinkedIn, and if there are any improvements that can be made, we’d love to hear from you!

We are also very keen to promote our clients on our social media and our website, so please let us know if you’d like to be featured. 

In Other News

Brexit’s effects on your finances 

This being the first installment of our “Money-saving & Lifestyle” blog may be heavy, but is vitally important.

The topic news headlines won’t let go, and many people are beginning to shut out the Brexit-racket at any given opportunity. It is imperative that you keep on top of current affairs as this particular one (and its a big one), will inevitably impact your finances in one way or another – here’s a snippet of this week’s blog on how Brexit affects you:
1. Pound crash – since the result of the referedum the pound’s value against other currencies has plummeted; this has impacts on holidaying with exchange rates, buying & selling abroad, and much more.
2. Pensions – income drawdown sees variable concerns in recent years as stock markets fluctuate more than ever.
3. Housing Market worries – buying and selling of property in the UK has seen more fluctuation with Brexit facilitating uncertainty. 

Visit our blog to read the rest of this information. 

Most firms still aren’t fully GDPR compliant, but a new report has found that compliance brings significant business benefits.

The Capgemini Research Institute has surveyed senior executives in businesses in France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, UK, the US and India about GDPR. Its findings show that only 28% say they are compliant. However, the majority of these say it has had a positive impact on the reputation of their business and that it has given them a competitive advantage.

The report concludes that the position of many enterprises “remains uncertain in terms of compliance”. However, the findings also show that the benefits of being GDPR-compliant are greater than expected. Of the organisations that have achieved compliance, 92% said they gained competitive advantage, something only 28% expected last year…

To read the rest of this article visit the practice news section of our website or click here.

HMRC Are Tightening Their Grip

Protection is available with our tax investigation service.
 When you subscribe to our service we are able to make a claim against our insurance policy held with Professional Fee Protection in respect of our fees incurred (up to £100,000 per claim unless otherwise indicated) when we defend a client who is subject to enquiries, inspections, disputes and compliance visits.

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