Tax advisory services

It is tempting to save money on accountants’ fees and to complete your tax return yourself. However, unless your tax is deducted by PAYE then the Income Tax rules can be difficult to understand. 

I will advise you with value added, well researched solutions or consult specialist tax advisors if the tax question is a complex one.

Are you claiming all of the allowances that you are entitled to? For example, mobile phone expenses, travel and subsistence expenses and home office expenses. 

Are you claiming too much? For example, car fuel costs, capital costs and interest.

I will get your tax return right first time and protect you against a potentially costly HM Revenue & Customs enquiry.

 

For director / shareholder individuals I can cut your tax bill by tax planning, tailored to your individual circumstances. For example:

By setting appropriate levels of dividend and pension payments, you may be able to avoid paying higher rate tax on your self-assessment income:

You may also be able to appoint your spouse as a shareholder, or employ them in the business, to use up their basic rate tax allowances.

 

For businesses approaching the VAT threshold or VAT registered companies I can register you and file your VAT returns. VAT rules can be complex. I will ensure that you are accounting for your VAT correctly and on time.

Finally, I can advise you on Corporation Tax, Capital Gains Tax, PAYE and deal with HMR&C on your behalf.