An important part of growing your business and improving money management is getting advice from a professional accountant. Our handpicked team of professional accountants solihull will give you the expertise and perspective you need for your business to prosper. Our team has the insight from helping hundreds of individuals and companies to help make your venture the success you deserve.
We can help with managing your accounts and ensuring HMRC compliance at all levels. We assist in management accounting, payroll, bonus and commission schemes, enterprise investment schemes, and ensuring you are getting the best tax benefits available to you. You can give us a ring or enquire via our website if you’re strapped for time, and we aim to work as quickly and effectively as possible to get all of your finances back in shape in as little time possible.
We aim to assist in the growth and expansion of your assets by providing risk assessment, cash flow forecasts, industry analysis and advice on commercial loans. For LLP businesses we offer advice on licensing and protection support and cross-border VAT compliance. The challenge of managing your finances often comes down to timing and technical knowledge, as well as knowing when to delegate responsibility for the financial benefit of your company. At Accountants Solihull we provide the necessary expertise and knowledge to work alongside our clients towards an exciting and more profitable future.
You can book an online appointment for consultation with one of our qualified accountants or just fill in the form for a quote and one of our staff will get back to you.
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If a person already has 35 qualifying years or is likely to do so by the time that they reach state pension age, missing a year will not adversely affect their state pension entitlement. However, if they have less than 35 years (and will be able to reach the minimum 10 years needed for a reduced state pension by the time that they reach state pension age) making voluntary contributions can be worthwhile.
While any gain on the sale of a property that has been the taxpayer’s main residence throughout the period of ownership is covered by private residence relief, the flip side is that if the main residence is sold at a loss, the loss is not an allowable loss for capital gains tax purposes.
Taking a loan can be tax efficient, particularly if paid back before the trigger date for the s. 455 charge. It may be an attractive option to get over a difficult period where a return to profitability is anticipated, allowing a dividend to be declared to clear to loan balance.