Corporate Tax Planning
Our first priority will be to advise clients on the best method of conducting their business – sole trader, partnership or limited company or even a combination of these.
We recently saved a client 24% of his annual tax burden just by changing his tax structure (link to case study). We explain the full tax and national insurance consequences and make suggestions to help keep such costs to a minimum.
We will always be on hand to explain the tax consequences of any important transaction you may be considering. In fact we encourage our clients to consult in this way. We may be able to suggest a better way to achieve the same result.
It’s just as important to have a planned strategy for capital taxes, making sure that you are in a position to take advantage of some of the quite generous Capital Gains Tax and Inheritance Tax reliefs that have been introduced in recent years.
This can affect the way you initially acquire your business, or perhaps the decision to transfer your business to a limited company.
VAT can be a complicated tax, keeping track and recording Value Added Tax can bid a big responsibility and extremely time consuming for many managers. Having fully qualified accounts staff completing the paperwork will save both time and money in the long run.
We can help you with all aspects of VAT from VAT registration to returns, VAT schemes and advice in minimizing your VAT burden. Even if we’ve not been involved in the preparation of your VAT returns we can assist in dealing with HMRC officers, helping to clear up any queries or technical points raised as a result of such inspection visits.
- VAT Planning and Advice
- VAT Registration
- Preparation of VAT Returns (monthly/quarterly)
- VAT Scheme
- Advice on compliance
- HM Revenue and Custom Inspections
Self assessment can be a daunting process but it doesn’t need to be. We can help you make sense of the terminology used by HM Revenue & Customs. By leading you through the process we can reassure you that you are completing your tax returns correctly and making sure you are taking advantage of all the possible tax savings available to you.
It may be that until now you have completed your self assessment online yourself in a bid to save money on accountancy bills, but have you considered that by using our specialist tax saving knowledge you could save enough money on your tax bill to pay for professional advice and still have made a saving?
- Research and development tax credits
- Enterprise Investment Schemes (EIS)
- Capital Allowance Claims
- HMRC enquiry work
- Profit extraction
- Reconstructions and acquisitions
- Construction industry schemes
To discuss how we can help you call Ian Carmichael on 01443 841 184 firstname.lastname@example.org
O’brien & Partners - Chartered Accountants & Registered Auditors.
Member of The Institiute of Chartered Accountants in England and Wales Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.