Autumn Newsletter 2011 Connecting

Tax Mileage Allowance Payments Danny Roper Local support for you and your business

Agriculture IT Consultancy Mortgages Food Prices in Britain Website The Big Fix Development Kevin Batty Bart Centlewski Joanne Faithorn

Accountancy • Tax • VAT • Audit • Business Services Employer Services • Bookkeeping • Wealth Management • IT Consultancy Agriculture • Strategy & Business Development Editorial

David Allen Strategy & Business Development Partner [email protected]

Childcare vouchers Welcome to the Autumn Childcare vouchers are an alternative to paying childcare fees to a registered edition of our Accountancy childminder. £55 per week can be received tax free towards the cost of childcare. Newsletter Childcare vouchers enable your employees to pay for childcare out of their gross income (before tax). While this does not sound much, the benefit is The Bank of England recently downgraded huge. As an employer, you do not pay National Insurance on the value of the its growth forecasts for the next three years, vouchers provided to your employees; therefore they can save between £916 cut its longer term inflation projections and £1,195 per year. and warned that the risks remain “on the There are several ways to deal with childcare vouchers – you can simply give downside”. your employees the vouchers on top of their normal salary or do what is called Inflation could peak at 5% in the next few a ‘salary sacrifice’, for example, months before falling back at the end of the Your employee gives up £1,000 of salary year and dropping below the 2% target if rates After tax and National Insurance that is only worth around £700 in their pocket rise in line with market forecasts. In return they get £1,000 of vouchers so they are £300 better off Changes in the market are to be expected in The number of children you have does not affect this because the tax free today’s business environment and as a result limit is the same whether you have 1 child or 10. of these developments is anything that we This scheme must be offered to all employees and cannot be made through do today really considered to be “business a salary sacrifice scheme for employees earning at or near the National as usual?” Rather than analysing these from Minimum wage (£5.93 per hour up to 30 September 2011). This does not, behind your desk, this is the ideal time to look however, apply to directors’ salaries. to the future, identify economic shifts early All is not lost for directors on a minimum salary and turn them into viable business strategies.

As a director of your own company, this scheme can also work in your This newsletter includes articles that give favour. For husband and wife companies where the directors take a information about securing you and your minimum salary and company dividends, the scheme means that they can family’s future and looks at ways to save Tax take an additional £2,860 each tax free per year towards their childcare costs. and VAT. It tells you how we can help you look after your employees and gives you an Depending on the individual circumstances of the directors, this can be a insight into our client, Professional Darts huge benefit and can make a big difference to their income. For example, if Player, Peter Manley. a husband and wife are both directors in their own company and are paying £175 per week for childcare costs, this equates to a total of £9,100 per year. As a firm we are here to help you through the However, if they were to claim childcare vouchers of £55 per week each, they would only have to pay the additional £65 per week in childcare costs good times and the bad so please get in touch. out of their own pocket, thus saving them £5,720 per year.

Please note, this scheme can also affect your Tax Credit entitlement, but how much depends on your own personal circumstances.

If this scheme is relevant to you and you would like to know more, please David Allen contact us. Strategy & Business Development Partner www.david-allen.co.uk Strength in our people

Rachel Park Trainee Independent Financial Consultant [email protected]

Rachel Park joined our Wealth Management team on 1 June as a Trainee Financial Consultant After leaving school at cannot wait to be able to help clients your assets to help secure your long the age of 16, Rachel with their immediate needs and future term future. planning”. started work at the Bank Kevin Collier specialises in Pension of Scotland in Annan. We are delighted to have Rachel on and Retirement Planning, Jonathan During her time at the board and believe that she is already a Connell specialises in Investment bank she had several valued member of the team. Planning and Joanne Faithorn specialises in Mortgages and Our growing team know what works roles which included Protection. If we can help you with and what doesn’t and what some of that of a Customer anything, please give us a call. Adviser, a Banking the challenges are that individuals and businesses face in today’s increasingly Adviser and a Mortgage complex and rapidly changing Reviewer. environment. Alison Welton Rachel’s training at David Allen Drawing on their years of experience Business Development Partner Wealth Management includes our independent consultants provide all aspects of administration, specialist advice and offer tailored the submission of new business, solutions to help protect and build compliance, product research and advising clients on areas that are specific to their own personal and business circumstances. Whilst training, Rachel will complete the

Diploma in Regulated Financial Planning which will enhance her skills and give her the required knowledge Wealth Management and qualifications to become a Offering sspecialistpecialist advice on aallll of the following: Financial Consultant. Pension and Retirement Planning In her spare time Rachel enjoys Investments spending time with her friends and Mortgages family. Her other interests include Equity Release swimming and walking. Protection Rachel comments “I love working School Fees Planning with the public and once qualified I Long Term Care

www.david-allen.co.uk Wealth Management Mortgages - The Big Fix

Joanne Faithorn Independent Financial Consultant [email protected]

In today’s society, a should see lending levels continue to house purchase is often increase in the second half of the year Lasting Power of Attorney seen to be your single as confidence returns and, as data Everyone knows the importance of biggest investment... the from the Council of Mortgage lenders writing a will to ensure your loved reports, the number of first-time ones are provided for when you die, flip side of that is that a but have you ever questioned what mortgage is often your buyers has reached a 10 month high. would happen if you are unable to make decisions during your lifetime biggest expense. In recent years around a third because of absence, accident or ill- As the Bank of England base rate of all home loans were actually ness? remains at a historic low, borrowers remortgages... millions of borrowers This scenario happens more often took advantage of the UK’s hugely face a tough choice when deciding than people think. If you haven’t whether to pay for the certainty of a competitive mortgage market, and got power of attorney specifying fixed rate or take their chances with a the main reason was... to save money; who can look after your affairs, the Court of Protection will intervene. base rate tracker or even to remain on big money. However in the current a variable rate mortgage. economic climate not all homeowners There is however an easy way to are in a position to remortgage. avoid the Court of Protection, and Whilst initial rates payable on tracker that is to grant someone you trust mortgages are currently significantly At David Allen Wealth Management a lasting power of attorney (LPA), giving them the right to look after lower than fixed rates only hindsight we offer mortgages from the ‘whole of specific aspects of your financial will determine which will prove the market’ ensuring you get the best deal affairs or health and welfare should best choice in light of future base rate to suit your individual circumstances. you be unable to do so. changes. However, the mortgage market is The LPA must be registered before it vast, deals come and go and the can be used and it is recommended “Bank of England lending criteria changes daily, so our that registration is done as soon as base rate remains at a specialist advice really can make all the form is prepared, firstly, to avoid any delays in emergencies, and historic low” the difference. secondly because if you’ve made mistakes and it is declared void it will be too late. Recently we have seen lenders develop and distribute some David Allen have a team of special- ists who can guide you through the innovative ideas to suit today’s current whole process… for more informa- market. From introducing a ‘hybrid’ tion call Carrie Taylor on 01228 tracker-to-fix product, to fixed rate 711 888 or email [email protected]. with no early repayment charges, the options becoming available to Please note: Your home may be repossessed if you do not keep up repayments on your both new and existing borrowers mortgage. www.davidallen-ifa.co.uk Wealth Management 10 Reasons to use a Financial Consultant

Kevin Collier Independent Financial Consultant [email protected]

Many people think that financial advice is only required by the very rich. However, everyone can benefit from it. Not only can it help you protect and build your assets, it can help secure you and your family’s long term future.

No 1: To protect your family No 2: To help plan your spending - and saving There are a lot of people trying to sell you To secure your long-term future, you need to build some assets, initially to get you through the rainy insurance of one type or another but we can days and then to pay for holidays and luxuries. Step one is to plan your spending so that you begin tell you which one is actually worth buying. to save – and step two is to plan that saving so you can build your wealth as effectively as possible. We will assess your position and guide you Regardless of whether you currently have £10 or £10,000, we will look at your situation and find the through the best options to protect yourself best starting point for you. and your family - regardless of whether you are single, married, have children or they No 3: To help you plan for retirement have long left home. Whatever your needs, Once you have sorted out your short-term saving needs, you can then start thinking about the long-term we can help ensure personal tragedy does – and most people these days realise they cannot rely on the State for more than the absolute basics. not turn into financial crisis. However, planning for retirement is a complex business and there are many different options available. Pensions have come a long way in terms of flexibility and transparency in recent years and now offer No 4: To secure your house a wide range of investment options. We will not only help sift through the many rules and product The mortgage market was complicated options but also help construct a portfolio to maximise your long-term prospects. enough already, with its discounts and variables, AERs and caps, indemnities and No 5: To help meet your investment goals No 6: To find the right early redemption fees. Then the credit As you progress through life, you begin to build your combination of assets crunch hit and things have got even worse. assets and your income begins to increase. You then Investment is as much about protecting However, buying a house is still one of the start considering how you can enhance your position the potential downsides as it is about most expensive decisions we make, and the rather than simply consolidate it. This could mean targeting maximum growth. High returns vast majority of us need a mortgage. As anything from looking to retire early through to paying are often associated with high risk – and Joanne has rightly said, we could save you school fees for private schools or investing in overseas not everyone is happy if their investment thousands, particularly at times like this. property. However your dreams evolve, we can help falls by a third or more overnight. We assess what is realistically possible – and put the best will make a detailed assessment of No 7: To obtain an objective plan in place to help you achieve it. your attitude to risk before making any assessment recommendations and will also ensure you don’t put all your eggs in one basket Every new product or investment “Whether you need general, practical advice or a by helping you diversify not only across opportunity is accompanied by hype, specialist with dedictaed expertise, the money you asset classes but also across accounts, proclaiming it is the best ever – but that invest in taking advice is well worth it” individual funds and product providers. does not mean it is right for you. Investors the world over have been and will continue to be caught out by market bubbles or high No 8: To save money No 9: To keep you on track charges because they don’t take a step back. Once your risk and investment assessments are complete, Even when you have every product you We know how products and assets work the next step is to look at tax and even the most basic need taken care of and your investments in different markets and can outline the overview of your position could help. It may simply are set up and running to plan, someone downsides for you as well as the benefits. mean using ISAs or a pension plan to benefit from needs to keep an eye on them in case Between us, we can make a more informed Government incentives or it could mean choosing growth changes in markets push them off course. decision about what hype you can believe – assets over income to use capital gains allowances rather You can ask us to do this monitoring and what products you really need to avoid. than pay income tax. Alternatively, for more complicated work for you. We can assess the arrangements, it might mean moving assets to your performance of individual investments spouse or children to make full use of their personal No 10: For peace of mind against their peers, ensure that your allowances. We will always have your tax position in asset allocation does not get distorted Money is a complicated subject and there are mind when making recommendations and can help point as markets move and also help you many things you need to think about to both you in the right direction even in complicated situations. consolidate gains as the dates of your protect it and make the most of it. Markets are volatile and the media is prone to exag- ultimate goals approach. The value of investments can fall as well as rise and geration of both the risks and the rewards. any income from them is not guaranteed. Past performance is not a guide to future performance

www.davidallen-ifa.co.uk

Company Number 4030020. Registered in England & Wales. David Allen Wealth Management Limited is an appointed representative of Investacc Limited which is authorised & regulated by the Financial Services Authority VAT VAT and Motoring Expenses

Graeme Seavor VAT Specialist [email protected]

There is often confusion The VAT scale charge is a method charges and off street parking, you when it comes to used by HM Revenue & Customs for can generally reclaim the VAT which knowing what VAT can businesses to account for VAT on relates to business motoring. However be recovered on motor private mileage. Details of the VAT if the vehicle is used for both business expenses incurred by a scale charge can be found on our and private motoring you can only website at www.david-allen.co.uk/ claim the proportion of VAT which business. vat-scale-charges-from-1-may-2011/ relates to business motoring. VAT on the repairs and maintenance With regards to other motoring cost of vehicles can be reclaimed as expenses, such as fleet management long as the vehicle is used to some Deadline for registering and filing VAT returns online extent for business purposes and the Most businesses are required to submit their VAT returns online, however some have business pays for the work done. It been allowed to continue sending in the paper returns. All businesses must file VAT does not actually matter whether returns online for VAT returns covering periods ending after 31 March 2012. Pen- alties for not doing so start at £100 and increase according to your annual the vehicle is used for some private turnover. If you’re not registered to file VAT returns online, do so now to motoring as long as there is some avoid any penalties! business use. Management Accounts, Budgets and Forecasting Fuel costs can be dealt with in one of During these turbulent times, planning is key to a business’s performance or even four ways: survival. We can offer a number of services which can help aid business planning and ensure that you make the right decisions for you and your business. • if your vehicle is owned by the Management Accounts business you can reclaim all of the A year can be a long time in business. If you are making decisions in December and VAT on fuel if the fuel is used only the last set of accounts is from March, there may have been many changes. Manage- ment accounts can be useful as they give you an up to date picture of where your for business purposes business is and what you can and can not afford to do. They assist you in managing • if your vehicle is owned by the your business effectively and are often required by Banks to support finance which you already have in place. business you can reclaim all of the Budgets and Forecasting VAT and pay the appropriate fuel It can be hard to achieve success if you do not set targets. Budgeting and forecasting scale charge if there is both business helps you look ahead. At David Allen we can help you turn your plans into numbers and private use to track your performance and by comparing budgets to actual results you can see where you are succeeding and identify any areas to be improved. This can indicate • you can reclaim only the VAT that any financial needs for the future and assist you in preparing for the period ahead. relates to fuel used for business As you will know, it is impossible to predict the future, but it is far better for a busi- ness to be prepared for any eventuality by knowing what resources are available. mileage, however to use this method Forecasts are useful for one off projects as they can help to identify whether a pro- you must retain a detailed record of ject will be profitable or if the business will have enough resources available to fund your business and private mileage the project. This can make a massive difference to a business as the forecast may highlight a project that is not worthwhile before it is too late. • do not claim any of the VAT on fuel. Overview This would only be an option if your Businesses may see management accounts, budgets and forecasting as an unneces- business mileage is low and you sary expense - sometimes additional expenditure in planning can save substantially don’t want the responsibility of more in the longer term from failed projects and wrong decisions. As the saying goes, “failure to plan is planning to fail”. For more information contact Mark James keeping detailed records. on 01228 711 888 or email [email protected]. www.david-allen.co.uk Tax Commercial Property Mileage Allowance Payments Danny Roper Tax Adviser [email protected]

A recent tax case involving J D the building itself and the plant and Mileage Allowance Payments Wetherspoon plc has encouraged machinery/fixtures and fittings and As you may already be aware, the many businesses to make an as such generally no capital amount you are able to reclaim from your employer regarding business mileage additional claim for capital allowances allowances would have been claimed. changed from 6 April 2011. Previously on the previous purchase of plant the amount you were able to claim tax The tax case involving J D free for business mileage in a privately and machinery/fixtures and fittings owned car or van was 40p per mile for the Wetherspoon plc highlighted this and first 10,000 miles travelled and 25p per purchased with commercial property. mile thereafter. as a result many businesses have now From 6 April 2011 you are now able to This has resulted in many businesses made a claim for unclaimed capital claim 45p per mile for the first 10,000 saving significant amounts of tax. miles and 25p per mile thereafter. If allowances leading to a reduction you are reimbursed in excess of this, the Current rules state that it is possible in tax and in some cases a tax additional amount will be treated as a taxable employment benefit and taxed at for a business to make a capital repayment. However it is important the appropriate rate. allowance claim indefinitely on assets to note that capital allowances should In addition to this, if you have incurred business mileage and have not reclaimed which have been purchased by and only be claimed once over the lifetime the allowance from your employer, you are able to offset what you could have are still owned by the business. of an asset. reclaimed against your Income Tax liability. However, HM Revenue & Customs are Mileage Allowance Payments are a fully As a result of this HM Revenue deductible expense for tax purposes for currently in consultation to restrict the employer. & Customs want to tighten up on the time period to two years. HM HM Revenue & Customs also express how the capital allowances rules in this important it is to keep accurate records Revenue & Customs are proposing of any business mileage incurred as they area to ensure capital allowances have the right to ask to view these records to introduce this in the Finance Bill when dealing with mileage allowance are not claimed twice on the same payments. Mileage booklets are available 2012 . asset over its individual lifetime. If for purchase from David Allen. The price paid for a building itself you have purchased a commercial Directors salaries is not eligible for capital allowances property recently or in the past there The new personal allowance and National Insurance rates that came into effect from however any plant and machinery/ could be an opportunity to make 6 April 2011 mean that the tax efficient salary for many directors of owner fixtures and fittings purchased a capital allowances claim on plant managed Limited Companies needs to be re-evaluated. Previously, in order to with a commercial building are and machinery/fixtures and fittings pay salaries in the most tax efficient way, eligible for capital allowances to purchased with the property as long the maximum a director could earn was £110 per week (£5,720 per annum). For be claimed. This would include air as the business still owns these. the 2011/12 tax year, directors can now earn £136 per week (£7,072 per annum) conditioning, electrical systems etc. without incurring Income Tax and National It is important that any claim is Insurance liabilities whilst maintaining a In the past businesses would not made before the Finance Bill 2012 is National Insurance contributions record. have apportioned the purchase cost The tax efficient salary paid is allowable introduced to ensure the claim is not for Corporation Tax, giving the owner/ of a commercial building between director an overall tax saving. ‘timed out’.

www.david-allen.co.uk Employer Services Real Time Information (RTI)

Jill Hetherington Employer Services Specialist [email protected]

Reminder - National However, if you as the employer low-cost pension scheme which will Minimum Wage undertake a ‘pooled’ tips system, provide a State-led alternative for any including any tips paid by credit/debit employer wishing to use it. The national minimum wage hourly card, and you decide how the tips are What should you be doing now? rates from 1 October 2011 will be as shared out amongst staff. It is then up The new reform is going to have follows: to you to collect the Tax and National significant impact on all employers, • workers aged 21 and over will Insurance through your PAYE scheme. especially those businesses who do increase from £5.93 to £6.08 The only other way is for tips to be not currently make any employer • workers between the ages of 18-20 paid via a ‘tronc’. If a member of contributions. In order to be prepared will increase from £4.92 to £4.98 staff is responsible for the sharing of for this, employers should make sure • workers between the ages of 16-17 the ‘pooled’ tips they are known as they understand the basic information will increase from £3.64 to £3.68 the ‘troncmaster’. It is then up to the on the changes and consider this • apprentices up to the age of 19 or in ‘troncmaster’ to operate a separate in terms of the impact on their their first year of apprenticeship will PAYE scheme to process the tips future profitability, cash flow and increase from £2.50 to £2.60 (unless through and pay over the Tax to HM the increased time this will need in the rate is specified in the apprentice Revenue & Customs. administering your payroll scheme. training contract). Pension Reform 2012-Employers, Gratuities and Tips – should the “Do you need a review are you ready? tax man have a share! of the pension scheme 2012 is going to be an important year The simple answer is yes. Tips are you provide to your and it’s not all about the Olympics - it employees?” classed as income and as such are will also herald significant changes subject to Tax and National Insurance to pensions within the UK. From Human Resources in the normal way. The only problem October 2012 employers will be In addition to processing your payroll, is who gives him his share - is it up required to automatically enrol all Employer Services can also help you to you as the employer or is it up to eligible employees into a qualifying with Human Resources. Our specialist your employees? If your staff just workplace pension and to make Sue Kaveney can assist you in all keep any tips from the table or over minimum contributions into it. areas of employment law including the bar then it is up to them to declare creating Contracts of Employment The plan is to stage the enrolment this to HM Revenue & Customs as part tailored to the needs of your business over a period of time, starting with of their income. Depending on their and can advise you on low cost large employers, then medium and other income this may or may not be reward packages to help you maintain then small. To help, the government subject to tax. You as the employer motivated and loyal employees. have no liability for this. is introducing NEST (National Employment Savings Trust ), a new www.david-allen.co.uk IT Consultancy Website Development

Bart Centlewski IT Consultant [email protected]

Successful businesses you need to have a website that is Sage - Keeping your finances in not only informative but functional check... are always on the look and professional. If marketed As business advisers, David Allen appreci- out for new customers ates your need to focus on the practicalities properly with good search engine of running your business, whilst ensuring you but how do you reach manage the essentials. optimisation, social media and email We recognise that giving your people the right your target market? marketing, your website will start tools to do their job is the key to gaining the utmost benefit - that is why we work closely With the majority of the UK to generate sales and leads. with Sage. Through our approved partnership, David Allen connects you with some of the population now having access to At David Allen, we have a team of world’s most effective business software and the internet in their homes and includes a training and support structure to Web Design Hosting Consultants help you achieve your goals in the most practi- workplaces, the way we publish and cal way. who work with you to design a site find information about the products If when preparing your VAT return, it seems to that reflects your business. We take too long; if debt management appears to and services we are looking for has be a constant challenge and if you are looking provide affordable website design to bring a little more control to your cash flow, changed. with themes for your Facebook then it is quite possible that you are unfamil- iar with Sage and the benefits it has already So why is it that many businesses and Twitter profiles to reflect your brought to over 5.7m customers worldwide. are operating without a website? website’s colour scheme and logos. You do not have to be an expert to use it, and whether you are a new, small or medium-sized Do people think it is too expensive Our ongoing support and advice business, Sage provides the ideal solution for you. It allows you to manage your customers or that it is too hard to set up, or will help you manage your website and suppliers more professionally, and flexible reports give you a quick and easy insight into is it the fact that they just don’t and attract more visitors by the your finances. One of the main benefits of efficient use of social media. operating a computerised system like Sage is understand the importance of the potential to produce meaningful manage- having one? ment accounts which can allow you to control At one time perhaps it was difficult your business and drive it forward. A website has become a key part to understand how a website At David Allen we offer a free Sage demon- stration to help you assess whether Sage is of any business - customers now could help your business – that appropriate for you and your business. We can also: simply assume you have one. has now changed. Not only will • offer competitive prices on all Sage They expect to be able to find out owning a website help your existing products and upgrades • assess your business to identify which about your business, products and customers, it will allow your online products would be of benefit to you • provide training on all Sage packages services from your website at a time audience the opportunity to see the • show you how to get the most out of your Sage package to help you control your to suit them. Therefore if you don’t products and services you offer. finances • assist you with the burden of general book- have one you will almost certainly “A website has keeping and running your VAT Returns be missing out on potential new • run management figures and provide you become a key part of with core information on the performance business and may even lose existing of your business any business - • provide telephone and online support customers to businesses who are customers now If you would like further information please represented on the web. simply assume you contact Rachael Percival on 01228 711 888 or email [email protected]. To stay ahead of your competition, have one”

www.david-allen.co.uk Agriculture Food Prices in Britain

Kevin Batty Agricultural Consultant [email protected]

The era of cheap food What are the main causes? food prices are here to stay. In 2010, severe weather in some of looks like it is coming What does this all mean to UK the world’s biggest food exporting to an end. According food businesses? countries damaged supplies. to analysts a typical For those businesses involved in Flooding hit the planting season shopping basket in the supply chain there has been a in Canada and destroyed crops in Britain now costs around clear change in the market place Australia. In addition, drought and 6% more than it did last and they will need to change with fires devastated harvests of wheat in year but key staples are it. Businesses need to ensure they Russia and the surrounding region clearly much dearer. have the correct strategy in place to during the summer, prompting Russia Alarmingly food prices in Britain are grow and grasp the opportunities the to ban exports. rising at three times the rate of the market presents. As a result, wheat production is world’s seven biggest economies. For example, focus during the expected to be lower this year than There is a suggestion that the ‘big recession was very much on ‘value in the last two years, according to US four’ supermarkets have used concerns for money’ with consumers choosing Government estimates, although it will about increasing global commodity to switch to lower priced brands and still be the third largest on record. But prices to push through unfair cutting back on impulse purchases. crucially, production is still expected increases. Some of these changed habits may to lag behind the growing demand for What is going on? persist as consumers have learnt that food. The UK has operated in a global ‘thrifty can be the new cool’. What about long term? trading system and therefore it didn’t Managing the effect of the food On the demand side, global population really matter whether food was inflation will be important for size will increase from nearly seven produced at home or imported. The businesses, for example this can billion today to eight billion by 2030 Sterling enabled us to competitively be through a combination of menu and to probably over nine billion by source cheap food on the global planning, professional purchasing, 2050. Many people are likely to be market. Following the collapse of the ongoing efficiencies and exploring wealthier, creating demand for a more Sterling the cost of food imports have different routes to the consumer. risen dramatically. This has coincided varied, high-quality diet requiring The importance of brand identity and with a reduction in the world stocks of additional resources to produce. differentiation can assist in retaining commodities. Consequently the issue On the production side, competition sales. The issue of national food of food security has accelerated up the for land, water and energy will security presents opportunities for political agenda. intensify, while the effects of climate businesses to emphasise local food as “A typical shopping basket now change will become increasingly costs around 6% more than it a strong brand and add value to this. did last year” apparent. Experts agree that higher www.david-allen.co.uk Our Guest Client

Peter Manley Professional Darts Players Association

Peter David Manley at the Skol Championships in 2001. Peter now lives in Cumbria and is the (born 7 March 1962 He did however reach the semi-final chairman of the Professional Darts in Cheam, Surrey), is a of the World Grand Prix in 2000, but Players Association, a position he has his run was soured somewhat when he held for six years. World Professional Darts suffered a 6-0 whitewash at the hands Peter is a great ambassador for the Player. of Shayne Burgess. Professional Darts Players Association Nicknamed One Dart, he is known for He came storming back into the frame and as well as playing darts he spends hitting doubles with his first dart and at the 2002 Skol Championships a lot of time helping other darts is perhaps most famous for his long- to reach the final, having played players. running feud with Phil Taylor. some superb darts en route. There David Allen are the Accountants however, like so many before him he Peter started playing darts at the age and Tax Advisers to the Professional was whitewashed by Phil Taylor 7-0. of 12 and at the age of 16 his father Darts Players Association. Peter In 2002/3 Peter dominated the UK allowed him to play for a local team comments “I chose David Allen to be Open series winning three of the eight who congregated every Saturday at the accountants for the Professional events and coming close on three The Bell Inn, Cheam. Often playing Darts Players Association, firstly for further occasions. for money, he recalls ‘winning his fair their reputation for being professional share, but wanting more’. Peter picked up his first ever PDC and secondly for the high quality Peter’s rise to fame was very quick; it major in July 2003 when he beat service they offer. The members of took him less than three years to get John Part 16-12 in the final of the Las staff that I deal with are genuine and to the very top. A very focused and Vegas Desert Classic. In 2006 Peter helpful at all times”. determined player who just loves to was runner up to Phil Taylor. play the game which is why he is at more Open Tournaments throughout the world than almost any other professional player, whether it is ranked or not.

Peter held the number one spot for well over a year but hasn’t achieved his potential in the major tournaments. He went out at the first hurdle in the 2000 & 2001 World Matchplays and suffered the same fate

www.david-allen.co.uk Contacts Dalston Penrith Workington Dalmar House 3 Hobson Court Prosper House Barras Lane Estate Penrith 40 Business Park Regents Court Dalston Penrith Guard Street Carlisle CA11 9GQ Workington CA5 7NY CA14 4EW

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Strategy & Business Development Tax David Allen Carrie Taylor [email protected] [email protected] Alison Welton Sarah Seavor [email protected] [email protected] Sandra Gowling [email protected] VAT Graeme Seavor Accountancy [email protected] Kirstie Somerville [email protected] Employer Services Fiona Thompson Jill Hetherington [email protected] [email protected] Julie Osborn [email protected] Business Software Rachael Percival Corporate Services [email protected] Mark James Julie Taylor [email protected] [email protected] Sarah Huntington [email protected] IT Consultancy Robert Nordon Andrew Gate [email protected] [email protected] Sam Verry Bart Centlewski [email protected] [email protected] Ricky Taylor Iain Atkinson [email protected] [email protected] Wealth Management Agriculture Kevin Collier Michael Peile [email protected] [email protected] Jonathan Connell Kevin Batty [email protected] [email protected] Joanne Faithorn Emma Pigg [email protected] [email protected]

[email protected] www.david-allen.co.uk This newsletter is for guidance only and professional advice should be obtained before acting on any information contained herein.