Maximise Your Tax Efficiency - Minimise Your Tax Bill.
Whether you’re filing for self-assessment or looking for a limited company accountant to help you reclaim VAT on expenses, our tax experts love helping business owners alleviate that dreaded annual tax confusion and stress; no one needs that. Your highly accredited, fully qualified accountants will lighten the load, explaining everything, completely jargon-free – as they help you to pay less tax.
Personal Tax & Self-assessment.
There are many situations where you might need to register for self-assessment – taxable income might come from a variety of sources, savings and investments; you might pay tax on rental properties. You may have lived abroad, be a minister, a trustee or a company director; or you may be liable for Capital Gains Tax. Let’s ensure you keep more of your hard-earned income by claiming tax relief and exemptions to protect your profit margins and minimise tax significantly.
Corporation Tax.
When it comes to limited companies, all profits, whether from trading, investments, or the sale of assets are taxable. With no tax-free allowance, this directly taxes annual profit at a significant 19-25%, although this depends on your circumstances. As a company director, you’ll also be taxed on your salary – so let’s devise tax-efficient dividend strategies to pay yourself and minimise corporation tax as much as possible, whilst optimising available tax relief benefits to reduce your tax bill.
VAT Returns.
The most heavily regulated and inspected tax with stiff HMRC penalties, VAT returns are complex. It’s surprisingly easy to make a mistake. When reclaiming VAT, businesses must now file their monthly, quarterly, or annual HMRC online tax return using accounting software as part of the Making Tax Digital initiative. As your long-term partner, we’ll advise if you could save thousands with early VAT registration and apply all available tax relief measures, so you reduce your tax liability.
Tax investigations.
A tax investigation and the threat of tough Companies House and HMRC penalties are certain to keep even the most unshakeable business owners up at night. You need honest, straightforward advice and a clear response plan so you know what’s needed, and when, reducing any stress and anxiety regarding prosecution. With 30 years’ experience of managing HMRC investigations, our qualified chartered accountants will guide you through step-by-step; we’re with you all the way.
Fee Protection Insurance.
You’ve always done everything by the book, so you might think that a tax investigation isn’t likely to happen to you, but your business may be randomly selected for a self-assessment, corporation tax, PAYE or VAT return inquiry by HMRC or Companies House. The last thing you need is to be fretting about the additional financial implications of unplanned accountancy costs – our insurance cover for compliance issues gives you peace of mind and one less thing to worry about.
FAQs
Tax can appear a little bewildering from time to time.
We understand - it isn’t always the easiest of things to get your head around. We’ve put together a few Frequently Asked Questions – We hope they help.
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If you have a question about something more specific, hop on a call drop us on line; we are always happy to chat.