7 reasons why businesses are moving their telecoms to the cloud

Hove telecoms

Brighton Telecoms

David Jones
Phoenix Communications

The Advantages of Cloud Based Telecoms

1. Predictable monthly costs
This may seem like old news, but many companies don’t realize just how much they can save by moving their communications to the cloud.
By utilising a hosting phone system over the Internet, businesses are charged on an “as needed” basis, paying only for what they use. That makes the cloud especially cost-effective for small businesses—eliminating the need to pay for the installation and maintenance of a traditional PBX phone systems and lines

2. Scalability
Scale up or down based on users. Anyone who has moved or expanded an on-premise phone system knows just how difficult it can be. Whether a business is growing, moving or sizing down, the cloud provides the flexibility and scalability the business needs now and in the future. And with cloud-based systems, businesses can access and add new features without any new hardware requirements.

3. Number Retention
Traditionally if a business moved area outside their current exchange they would either have to get a new number or they had to pay to keep the number and forward it to their new number. By porting the number to the cloud you remove all of this hassle and expenditure.

4. Mobile Integration
Work is no longer a place we go. Work is something we do, whether it is at home or the local coffee shop. Cloud Telecoms allows employees to work anywhere, anytime, and on any device they choose.

With cloud-based communications, remote workers have access to the full feature set from their mobile devices anywhere they go, just as if they were sitting at their desks. It opens up a whole new world of productivity and possibilities.

mobile integration

 

5. Technology
Instant updates. With cloud based communications, the service is outsourced, and upgrades are deployed through automatic software updates. This allows organizations to stay focused on their business and leave the upgrades to the cloud telecoms provider

6. Disaster recovery – Business continuity made easy
Businesses are using the cloud to protect themselves from the affects of disasters . With cloud communications, they can get up and running quickly after a disaster, or in some cases, continue running the entire time.
If connectivity at site fails calls can automatically reroute to remote locations and mobile phones.

7. Quality of service
Maximize uptime and downtime coverage. For many businesses, uptime is pivotal. To keep things running, they rely on the ability to scale and leverage remote work teams or serve customers from anywhere.  For these kinds of businesses, cloud communications maximizes uptime and coverage through the service providers multiple, remotely hosted data centers, helping them avoid costly interruptions and downtime.

Case Study

Brighton Telecoms

Call Phoenix Communications today on 01273 956111
or visit http://phoenixcommunications.co.uk

3 Important Reasons To Consider A SSAS Pension

SSAS Pensions

Pensions and Investments

 

 

 


Dawn Hutchings

Lucesco Pensions and Investments

What is a SSAS?

A Small Self Administered Scheme (SSAS) is a pension set up under trust by a limited company for the benefit of its directors and nominated beneficiaries. As the members are also the trustees, they control investment policy and how the scheme should be run.

For you as a business owner/director a SSAS offers you tax-efficiency, control over the investments selected and flexibility when it comes to taking your retirement benefits. This can be particularly useful in the event of a sale or takeover of the business or when directors require a phased exit from the business. A SSAS also permits the business to purchase it’s own commercial property using pension funds or borrow from the pension fund for e.g. expansion.

Tax efficiency of the SSAS?

  • Investments grow free of Income Tax and Capital Gains Tax in most instances
  • Tax credits for you and your business on contributions paid to the scheme
  • From age 55 you can access 25% of the fund tax-free
  • Retirement income can be taken in a tax-efficient manner and time to suit you, using Flexi-Access Drawdown (rules apply).
  • If you die before age 75, the fund is paid tax-free to your beneficiaries
  • If you die after reaching 75, the fund is paid to your beneficiaries as income at their marginal rate of tax, or as a lump sum at 45% tax
  • The fund falls outside your estate for Inheritance Tax purposes

Investment choice and control

You as the trustees of the scheme decide how you invest the assets /funds of the scheme. This gives you, the trustees, the ability to choose an investment strategy that is right for you and your business. The scheme can accept a broad range of investment types, including the following:

  • Quoted equities
  • Gilts, bonds and fixed interest stocks
  • Futures & options
  • Unit Trusts and OEICS
  • Insurance Company funds
  • Shares in private companies
  • Commercial property
  • Land
  • Industrial property
  • Offshore funds and more

Flexible retirement options

A pension is designed to help you save for your retirement and the SSAS is no exception. However it is also a tool for business owners to manage their long term finances in a tax efficient manner, including reducing your corporation tax bill. The SSAS can be used as a vehicle to exit the business or indeed as an estate planning tool, because the funds fall outside of your estate for inheritance tax.

A pension scheme should not be viewed as a drain on your company’s resources, but as an integral tool of the business and you as a director. We can assist you in structuring and setting up the scheme. Then we will guide you through how to make it work effectively for you going forward.

Contact me on 01273 617160 for a free initial consultation or email me at dawn@lucesco.co.uk

Visit our website for more information www.lucesco.co.uk