Keeping a tight rein on costs is the key to a successful business and a Bedford company lowcostbills.com has been helping firms fight overheads since 2011
Low Cost Bills are cost reduction experts in Business Rates, Energy & Banking and key contract costs, who are trusted by 100s of companies across Bedfordshire to help keep bills low. They also specialise in obtaining refunds / credits relating to unclaimed, commercial property capital allowances and Research & Development Tax credits.
The two driving forces behind the company are Julian Mayne originally from Bedford and Maria Mayne from Portugal, who also advise companies on how to avoid falling prey to some of the most costly business scams that frequently catch many businesses out.
“There are so many pitfalls facing busy company owners today.
“For one convenience store in Castle Road we obtained a £12,000 refund after tackling British Gas over long-term billing errors, we then went to the energy Ombudsman who awarded further compensation,” said Julian who worked as a futures broker in the United States prior to the global recession of 2009.
“Retailers and other small to medium size businesses may not realise they could be eligible for R & D tax credits, if they have staff dedicated to new systems or are investing in technology to help the organisation improve overall productivity levels. Another area of interest are unclaimed capital allowances which landlords can claim on commercial properties and then use to reduce both existing and future tax bills.”
Recent changes in Business Rates have caused a great deal of confusion and many businesses are experiencing huge rate increases, while others are enjoying bills being reduced to zero. Without knowing it, many businesses unnecessarily exclude themselves from key business rate relief schemes. We help all types business to find, implement and maximise the full range rate relief opportunities.
“Card payment processing costs and Banking fees are another area where savings can be made - even if you think you got a good deal a while ago. The bills for this and other services are often overlooked - even though it is now extremely quick an easy to switch to lower cost deals - people just carry on paying because they are too busy,” added Julian.
"Our Free Bills Review has helped one local business cut by costs a £1000 per month by implementing cost saving changes to business rates, card processing, business banking, telecoms and water."
Find out more about St Peter’s Street-based lowcostbills.com via their website which lists a range of Bedfordshire businesses who have been helped.