14 Mar
IFE 2019 Event London – Food or Drinks Business Must Attend
Are you from the Food or Catering industry? If the answer is yes you should attend the 21st IFE (International Food and Drinks) event which will be running over 4 days from 17th March 2019 to 20th March 2019.
Total spending in the Food and Non-Alcoholic drinks industry amounts to GBP 98.4bn.1 Trading and growing in this industry can be done through a variety of ways, such as Retailing, Manufacturing, Packing, Whole Selling, Distributing, Catering etc. The biggest players in the current market are Asda, Associated British Foods, Unilever among others. The Trade show is an opportunity for businesses to showcase products, find suppliers, customers or new products to diversify, expand or grow. It is also a perfect place to learn about new trends, new products and new ideas in the industry.
Where is the IFE 2019 Event London taking place?
The event will be taking place in Excel London, it is going to be a showcase of 1,350 pioneering, global and state of the art food and drink manufacturers. The event will be co-located with Pro2Pac, the food processing and packaging event.
Frequently Asked Questions
Your personal tax accountants will be able to advise on the deadlines and financial calendar for filing your tax returns and paying your taxes. Ideally, you also have the option to pay taxes as Payment on Accounts; however, this is only the case if you have been submitting self-assessment tax before and had a tax liability for the previous year. You also need to make sure you have money set aside for any liabilities that will arise. Your tax accountants will be able to advise on how much tax you’re likely to have to pay and the deadlines for payment.
About IFE 2019 Event London
The various sections within the event will cover the following areas:
- Gourmet Drinks
- Ingredients
- International Gourmet
- Meat and Seafood
- Artisan Market
- Cheese and Dairy
- Drinks
- Frozen Food
- Health & Wellbeing
- Producers Market
- Snacks & Confectionary
- Bakery
- Great British & Irish Food
- Grocery
The food industry is a huge industry and caters to a large market. The industry is expected to grow by 3.5% in 2019 with compound growth of 3.5% (CAGR) expected over a period to 2023. Opening a business within this industry while utilizing the correct supply chain, business structure and financial processes can result in stability and scalability.
Clear House Accountants are specialist Accountants in London who have developed efficient processes and systems while working with a large number of startups and SME’s in the Food and Drinks industry. Having an efficient Business Accountant and Advisers will mean effective and smart solutions are created for your business to achieve financial efficiency, growth solutions and tax savings. With such huge potential in the industry, there is also strict competition, therefore in order to achieve success, the support of expert professionals can make a huge difference.
Frequently Asked Questions
Given the circumstances, they may do tax work, the only difference being that personal accountant perform a far more comprehensive range of activities. Although they are usually tasked with collating the tax information needed for a return filing, tax accountants can undertake accountant’s tasks ranging from financial planning to restructuring financial vehicles, regulating cash flow, asset management, and much more. If you’re not sure what tax services personal tax accountants cover, our accountants in london will be happy to explain. There are plenty of personal tax services providers working in London and elsewhere who can help you with income tax, capital gains tax, inheritance tax, stamp duty land tax, and planning opportunities for the future, not simply those confined to tax.
References
1United Kingdom Food & Drink Report – Q2 2019. 2019. London: Fitch Solutions Group Limited.
Author Bio
Jinesh is a Senior Business Accountant, with a masters in Finance from Westminster University, and specializes in tax and accounting for small to medium businesses with a turnover less than £ 3 Million.
He specialises in helping creative businesses understand and manage their accounting and tax needs and obligations.
As accounting ecosystems evolve, their potential to add value also grows. This has increased the focus on digital solutions to tackle complex business problems. Jinesh helps businesses see the opportunity in this and helps businesses become more efficient and increase performance, using the right solutions.
Some of the key things he focuses on are:
- Helping businesses gain insights from their business data
- Providing complex tax and accounting solutions
- Helping businesses prepare for complex industry developments and changes