Tag Archives: partnership
Zero Carbon Future Confirms Biomass Partnership With Fröling
17th September 2013 Biomass and renewable energy specialist Zero Carbon Future has announced a new partnership with Fröling, a company which it is claims is Europe’s leading manufacturer of biomass boilers. The new range offers a broader choice of boiler for each fuel type and it is claimed, ‘combines cutting edge technology with solid design, delivering maximum efficiency and reliability in the market’. The Fröling range includes eight varieties of pellet, chip, log and dual fuel boilers together with a range of accessories. Suitable for installation across all building types, from small domestic installations to large-scale heating schemes, the new boilers are said to feature cutting edge technology including state-of-the-art biomass combustion systems and wood-chip firing using Lambda technology. Finian Parrick, Managing Director of Zero Carbon Future says, “This partnership seemed the obvious choice for us. We have always been hugely supportive of Fröling’s pioneering technology and are proud to be working with the largest manufacturer of biomass technologies in the world, now supplying engineers and installers across the UK. “Following an extensive training programme at Fröling’s headquarters in Austria, we have updated our services to support installers and engineers who might be new to the new technology. We offer bespoke design services and technical support underpinned by sound technical knowledge, together with installation and maintenance training courses from our in-house experts.” Separately, Zero Carbon future has also launched its new catalogue for Autumn 2013 containing detailed product information on Fröling boilers, together with a new selection of products from Grundfos Pumps including domestic heating pumps, hot water service pumps and associated range of pump union, valve and flange sets. The catalogue also contains complete solar thermal systems, and parts including buffer tanks, pellet stores, hot water cylinders, valves, controls and heat meters. Continue reading
Farms And Estates Need To Look At Implications Of HMRC Partnership Tax Clamp Down
17 June 2013 by Andrew Shirley Chatting to accountants Roythornes and Chaverys at last week’s Cereals event, the next looming tax issue for farms and estates seems to be the use of partnerships. As mentioned in my Budget blog, Chancellor George Osborne threatened a closer look at partnerships earlier this year. Typically, this was the kind of promise you knew he’d keep and HMRC has just released a consultation document inviting comments on its proposals, which it plans to introduce on 6 April 2014. Although HMRC says its changes will not impact on the use of partnerships for genuine business reasons, not everybody will have the same view on what constitutes a genuine business reason. While farming partnerships may not attract quite as much scrutiny as the likes of Google, it is probably worth any businesses involving a partnership, particularly where one or more of the partners is a company or trust, taking professional advice on the potential impact of the planned changes. The two areas the consultation looks at are: Disguised employment: an LLP member who works for the LLP on terms that are tantamount to employment. Profit and loss allocation schemes: members of LLPs and other partnerships where the members of the partnership consist of members who are chargeable to income tax and others who are not, but only where it is reasonable to assume that: • A main purpose of the partnership profit-sharing arrangements is to secure an income tax advantage for any person; or • A main purpose of arrangements in force is to allocate a partnership loss to a partner with a view to that partner obtaining a reduction in tax liability by way of income tax reliefs or capital gains relief. Profit and loss allocation schemes also cover tax-motivated arrangements whereby one partner transfers profits to another as a result of a revised allocation of profits in return for payment that is not taxed as income. Those wishing to respond to the consultation document have until 9 August 2013 to do so. Read the full HMRC consultation Continue reading
