Paying the right amount of tax matters

It isn’t just about calculating a number at the end of the year and submitting a return.

It’s about understanding what your business has done, what you’re entitled to claim and whether there are smarter ways to approach the decisions you’re already making.

Our job is to make sure everything is dealt with properly, while also making sure opportunities aren’t being missed.

We look beyond the final figure

When we prepare your Corporation Tax return, we don’t just take the profit figure and work from there.

We look at what has actually happened in the business.

That could include things like:

Equipment or machinery you’ve bought

Pension contributions

Business expenses

Investment in the company

Changes in how you take money from the business

Growth or restructuring

Major purchases

Reliefs or allowances that may apply

Some of these things can affect the amount of Corporation Tax you pay.

The important part is knowing what applies to your business and making sure it has been considered properly.

Small decisions can have a bigger impact

Sometimes tax savings come from fairly ordinary business decisions.

You might already be planning to buy equipment, invest in new systems or put money into a pension.

The timing or structure of those decisions can sometimes change the tax outcome.

That is why we want clients to talk to us before making bigger financial decisions.

Not because everything needs a complicated tax strategy.

Quite often, it is simply about understanding the options before you commit.

Talk to us before you buy

We don’t want you paying more than you need to

There is a big difference between sensible tax planning and trying to force something that doesn’t fit.

We will always keep things within the rules.

At the same time, we don’t want legitimate allowances, reliefs or planning opportunities being overlooked.

If there is something available to your business, we will make sure it is considered.

If there is a more tax-efficient way to approach something you are already planning to do, we’ll explain it.

Then you can make the decision with the full picture in front of you.

The earlier we know, the more useful we can be

Tax planning works best before the year has finished.

If you tell us about a decision after it has already happened, there may be less we can do.

So keep us in the loop.

Thinking about buying a vehicle?

Making a large investment?

Changing how you pay yourself?

Putting money into a pension?

Planning for growth?

Tell us.

Even if you are not sure whether it has anything to do with Corporation Tax.

We can work that bit out.

Corporation Tax should be part of the wider conversation

Your bookkeeping, accounts, payroll, spending and plans for the future all feed into your tax position.

The more joined-up that information is, the easier it is for us to spot things worth discussing.

That is why we don’t see Corporation Tax as a once-a-year job.

It is part of understanding the business properly.

Review my tax position

Tax Planning Company Accounts Management Accounts

Want to know if there is anything you could be doing differently?

Come and talk to us.

We can look at where the business is now, what you have planned and whether there are any tax considerations worth thinking about before year-end.

Sometimes there will be something to change.

Sometimes there won’t.

Either way, you’ll know you have looked at it properly.

Talk to us before you buy