Corporation tax, VAT and PAYE are the most common taxes for companies.
VAT represents the most significant tax for many businesses and organisations. As VAT liabilities can be very large, compliance with VAT legislation and regulations is a particularly important part of an organisation’s financial control and corporate governance procedures. If it is not then you can incur penalties.
Corporation tax is generally an annual chore but good planning can reduce the tax you pay.
Payroll is a crucial part of any business and legislation and tax rules must be complied with, especially when deducting taxes from Staff.
2. Income Tax Planning
Professional tax planning is an important part of the management of your own personal income and personal finances, whether you are self employed, a director or pay taxes through the PAYE system.
My approach to effective income tax planning involves working with and listening to clients to understand their particular circumstances and requirements. I will analyse your objectives and then come up with suitable and workable tax-based solutions that are tailored to meet your specific goals and expectations whilst importantly ensuring compliance with the tax rules and authorities
Income tax planning service includes:
Advice on efficient pension and retirement planning
Enhancing shareholder and individual wealth
Tax efficient remuneration
Income tax exemptions that often people don’t claim
Medical and Dental expenses
Private pension payments