Everyone is entitled to arrange your affairs to pay the absolute legal minimum amount of tax. We all have to pay our taxes but within the legal framework there are numerous ways of saving tax by using various allowance, exemption and tax reliefs available. We are making sure that you pay only the right amount of tax which you are required to pay by law; you do not have to pay an extra penny of tax than is absolutely necessary.
Whilst completion of tax returns and statutory tax obligations are important jobs, all accountants should be capable of completing them and advising you of your tax position and liabilities. But we are always willing to go that extra mile to offer advice on the areas where tax can be saved by standard tax planning, we try to do maximising your tax planning opportunities. We have extensive experience in this area of work and always fight as hard as we can for our clients.
We can help with tax planning in;
Identifying suitable tax planning opportunities.
Tax efficient business structuring and business plan.
Personal taxes and business taxes.
VAT planning i.e. standard or flat rate, annual and cash accounting scheme.
Explain implications on clients earning above £100,000 and personal allowance; gift aid and pension contributions.
Tax efficient employee remuneration and Profit extraction strategies.
Capital Gains and Inheritance Tax planning.
Incorporation and exit strategies.
All backup records are retained for the appropriate period of time.