Our tax consultants feel like they aren’t doing their job if they can’t find more legitimate allowances, deductions and exemptions than your previous accountant
With corporation tax reliefs and rates changing on an annual basis, it’s important to make the most of all of the exemptions, allowances and deductions available for tax returns calculations.
By employing a team of dedicated tax consultants, small businesses can expect an entirely different level of technical guidance on corporation tax than might be expected from a generalist accountant. Our tax consultants will spend time with you to understand your personal circumstances, what other income you have, how your business is structured, and when you need to realise what proportion of your investment, to make sure no stone is left unturned when it comes to giving you the best tax advice and saving on your tax returns.
Small businesses benefit from lower rates of corporation tax than larger corporations and several additional tax breaks for small businesses have been created in recent budgets – a trend which looks set to continue. Staying on top of the changing legislation and carefully considering other personal income and pension arrangements, can lead to some significant tax savings, especially if there is scope to spread out earnings over a number of years.
And this brings us back to one of our fundamental beliefs – that minimising a company’s tax is the key to generating internal investment and long term growth.