Accountants in London

Tax Planning

Tax is a fact of life, but paying too much tax is never on anyone’s list of priorities. Every year, UK taxpayers give away several billion pounds more than they need to. In 2022 the figure was thought to be around £4.6 billion.

The government creates many legitimate opportunities for you to reduce the amount you pay in tax. However, you may not be aware of them all, or you may be unsure of how to take advantage of them or, like many people, you may have known but simply not done anything.

Tax is a complex area, and becomes more so if you run a business or have several sources of income. Numerous factors will affect the amount of tax you should pay each year, including your job, savings and personal circumstances. But for many of us, fear of paying too little tax, and the possible consequences, means we can end up paying too much.

The most common areas where we tend to waste tax are:

 

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Business Support Solutions

Why do we use it?

Company Formation & Secretarial Services

Registering a company is made simple with our expert guidance. We take the time to understand you and your business operations, offering tailored advice on the most suitable company type, whether it’s a sole trader, partnership, or limited company.

We manage the setup process meticulously and offer continuous secretarial support, guaranteeing your business stays both compliant and fully operational.

Services:

Registered Office: Elevate your company’s image with a professional registered office address in the heart of London, enhancing credibility and privacy.

Enhancing Tax Efficiency: Our specialisation in tax planning helps you optimise tax efficiency while minimising liabilities, directing your financial resources toward your business’s success.

Management Consultancy: Benefit from our financial advice aimed at saving on business expenses and fostering growth. We offer insights into accounting and financial status, assist with loans, project business growth, plan effectively, and handle HMRC inquiries.

CIS Services

Administration of the Construction Industry Scheme (CIS) requires a considerable amount of extra work, along with the risk of exposure to severe penalties for non-compliance. Delegate this responsibility to a business partner such, that you can rest assured that you will benefit from an all-encompassing and fully compliant solution.

Our service includes:

– Registration with HMRC as a contractor

– Registration and verification of sub-contractors

– Calculation of deductions

– Preparation of payment statements

– Preparation and submission of monthly returns