Business Tax Planning
The Accountancy Solutions makes it possible for your business to have access to the same level of business tax planning expertise as any larger firm, meaning that your business is better able to stay competitive and sustainable within the market place. Call us for advice.
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Have a question?
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Your partners in planning and success
Even though many of us decide to start businesses so that we can truly be free to do what we are passionate about, the core role of any business remains the same, to make profit. As you may know, profits can be increased in two simple ways- increasing your income and reducing your expenditure. Also, one should remember that the business itself is an asset, and as such if you find one day you are ready to sell it, you would also like to get the most out of this. Unfortunately, because your business is an asset, it will be subject to capital gains tax.
Business Tax Planning Support
Whether you have a new business and wish to set up your financial structure, or have an existing business and wish to restructure your financial configuration, it is always possible to further minimise tax and maximise profits. This is even more so, as within the financial industry there are constantly changes of the applicable laws and regulations coming into effect. While some larger enterprises may be fortunate enough to retain in-house professionals to enough compliance of optimise their financial structure, smaller and medium size businesses, this is just not feasible.
The various types of Business Tax Planning services may include:
- Tax relief – Using HMRC regulations and providing with tax relief
- Consistent guidance on tax and relevant regulations
- Tax liability projections and planning
- Payroll and benefit structuring
- Vat planning and compliance
- Acquisitions and disposals of assets
We care for our clients. Building and maintaining fantastic relationships is what we do best, we will never treat you as a number which is what makes our approach so unique. The highest level of customer service combined with a keenness to listen and work together with our clients means that we leave a stream of happy clients in our wake every single day. Our services come with unlimited help and support provided at no extra cost throughout the year.That help and advice will all come courtesy of your own fully qualified and dedicated small business accountant.
Got a question?
Are you just looking for an answer to a general question? We always provide free advice to individuals and self employed persons. You can send us an email, call us or fill in the form. But you should be asking answers to general questions.
Frequently Asked Questions
Most frequent questions and answers
No we do not charge any fee for initial consultation. We will try to give you free guidance if its something you can do easily by yourself. We will only charge you if you appoint us to do some work for you.
We are giving free advice on general questions and this is one way of paying back to our local community who cannot get through to tax man. But if your question is of specific nature, we will tell you about our fee.
You can certainly ask question about accounting but you should know that we cannot teach you accounting over the phone or online. If you are not familiar with book keeping or accounting, its best to hire an accountant?
If you are only after advice, we will make a decision after hearing question. It may take further investigation and we may have to look into your personal circumstances to answer your question.
Free advice for our clients
Our Services For Business
Our clients are our assets and we take every step to look after them and provide them the advice and support when ever they need.
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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.