Tax Planning
Planning is essential to best make use of the plentiful tax allowances and reliefs that are available to you individually and your business.
With better tax planning you could benefit financially from reducing your tax bill or even reclaim tax credits.
From very simplistic tax planning opportunities of utilising your personal allowance and basic rate tax bands to more involved arrangements like R&D, we can provide you with the most comprehensive tax planning to suit your personal and business needs.
Whatever your requirements are, we will strive to provide you with the best advice, best tax planning opportunities and try to make it as simple as possible to understand all with a personable touch!
Tax Returns
We calculate, prepare and submit your Self-Assessment Tax Returns for you. Whether you need an individual, partnership, corporation or trust tax return, we can help.
Tax and Remuneration Planning
With the abolition of the dividend tax credits from 6 April 2016, it is essential for you to know how much of your hard-earned income you will get to take home. With our clever calculators using the available information, we can tell you how you will be get to keep and how much is expected to go to the tax man. Don't leave it to chance - there are ways to take home more with the correct tax planning and use of tax reliefs.
Research and Development
Are you currently or planning to incur costs researching and developing an advance in science or technology? If so, you could be eligible to make an Research and Development claim and receive up to 230% of the eligible costs back in tax relief or tax credits. Don't delay in contacting us, as there is a two-year time limit!
Inheritance Tax and Capital Gains Tax
Two of the most simplest tax planning areas that could have the biggest impact on your wealth and the wealth of your family are inheritance tax and capital gains tax. If you do not have a plan for either of these, please get in touch to see how we can help. We can offer advice that could save you a huge amount of your family's wealth.
Entreprise Incentive Scheme
The Enterprise Investment Scheme (EIS) is designed to help smaller higher-risk companies to raise finance by offering a range of tax reliefs to investors who purchase new shares in those companies. If you wish to invest or have a company that requires funding, please get in touch.
Employee Share Schemes
If you are thinking of offering employees shares in your company, you could get tax advantages, like not paying Income Tax or National Insurance on their value. Tax advantages only apply if the shares are offered through the following schemes: Share Incentive Plans; Save As You Earn (SAYE); Company Share Option Plans and Enterprise Management Incentives (EMIs). Get in touch for how we can help.
Pension Tax Relief
Are you considering contributing to your pension and looking for tax efficiencies at the same time? We can help you choose the right approach for you and could potentially save you up to 60% tax relief depending upon your income. Don't delay contacting us as you don't want to miss out of these effective reliefs.
