Paying too much tax?
You should know the tax bill before the year ends, not after
Most owner-managed businesses pay more tax than they need to, not because of anything clever they are missing, but because nobody looked before the year end. We look.
Sound familiar?
- The tax bill is a surprise every January and every nine months after year end
- You take the same salary and dividends you did five years ago
- Nobody has reviewed pension contributions, capital allowances or VAT schemes
- Your accountant files but never plans
What we would do
The plan, in order
- 01
Pre-year-end review
Two to three months before year end we review profit, remuneration, timing of spend, pensions and reliefs and set out the options with figures.
- 02
Remuneration planning
The right mix of salary, dividends, pension and benefits for your circumstances and the current rules, reviewed annually because the rules move.
- 03
Reliefs and allowances
Capital allowances, R&D where it genuinely applies, VAT scheme choice and claiming what you are entitled to. No aggressive schemes.
- 04
A forecast of the liability
You know what is due and when, and we set the cash aside in the forecast so it is never a shock.
The first step
What to send us
Send us your last set of accounts and current year management figures. We will tell you where we would look first.
Get in touchLet’s fix it.
A thirty-minute conversation, no charge and no pitch. Tell us where the business is and where you want it to be, and we will tell you honestly whether we can help.