Business TaxationEnsuring you pay the minimum tax

Our objective is to work closely with you, to achieve significant improvements in your bottom line, increasing your profits and maximising the amount of funds available to reinvest in the business or to return to the shareholders (if a corporate structure). We will help you to plan ahead and conduct your affairs in a tax efficient way.

Corporation Tax Liability

Under Corporation Tax Self-Assessment (CTSA), the legal responsibility for calculating the corporation tax liability falls on business owners. We understand the issues you face and can prepare tax returns for you. We will also produce the supporting computations of tax liabilities, advise you of corporation tax payment dates, provide timely reminders as payment falls due, and of course, be there to deal with HMRC on your company's behalf.

Our aim is to help minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation.

Corporate Tax Planning

Strategic planning is important, particularly when changes to the business ownership is about to change. We can help with your corporate tax planning and can include:

  • Advice on optimum group and shareholding structures.
  • Reviews during the financial year in order to plan expenditure in the most tax efficient manner.
  • Identifying allowances available, particularly those not always immediately thought of, such as capital allowances on the purchase of a freehold property or Research and Development expenditure tax relief.
  • Keeping you advised of developments and changes in legislation - both generally and specific to your industry.

Self-employed National Insurance

Are you satisfied that the level of National Insurance you are paying is correct? Sometimes when an individual is both employed and self-employed, there are errors in the amount of NIC being charged. If so, we can check your liability and assist with refund claims or claims for exemptions where applicable.

Capital Allowances

When investing in plant, machinery, or other major expenditure on assets for your business, it is important to make sure you claim the correct allowances to minimise your business’s tax liability.

Depending upon the type of asset and whether it has been selected by HMRC for special treatment (for instance Motor Cars have rules for restricting the tax relief based on the CO2 emissions of the vehicle), you may be able to claim some additional tax relief on your corporate or business tax return. Why not use us to ensure you are claiming reliefs, due to you, in a cost effective and efficient manner.

Why not contact us today?

For more information on the above, please Contact Us or telephone on 0800 689 3926 and we will be glad to answer all of your questions. Even better, why not book your FREE consultation today, it only takes a minute. Just looking for an idea of costs? No problem! Visit our Request a Quote page, fill out a simple Form, then we will get back to you within 24 hours. That's a promise! Live local? If you are out and about in the Leicestershire, Nottinghamshire, Derbyshire or Lincolnshire areas, why not give us a quick call to confirm if we can arrange an immediate, free consultation at one of our offices, local to you.