Our approach is holistic and our objective is to always provide clients with quality of service.
We are proactive and aim to help you minimise your tax where possible by using our expertise to make use of the appropriate tax legislation to benefit you.
We do not believe in providing client's with false hope that they will always be due a tax refund, instead we ensure that you are not paying the revenue unnecessarily. Our focus is to be accurate and correct in everything we do whilst making use of tax law to your advantage. Should this result in you receiving a refund is always a plus.
Our services are split equally into Compliance and Tax Planning, in that we do not just complete your Self Assessment Tax Return Form, but we actually review your affairs to ensure these are arranged in the most tax efficient manner. This can range from a simple review of the expenses one is claiming to a more complex report on the most suitable business structure you should have in place.
We offer a free initial meeting to review your affairs or to address any queries you have so that we can explain the options available to you. We work on a fixed fee basis which is agreed from the outset which means no unexpected bills to pay!
Our services include the following:
Preparation of self-assessment tax returns for individuals, partnerships and trusts.
Registering individuals as self-employed with H M Revenue and Customs and completing the relevant forms.
Provide advice regarding tax deductible expenses and how to record expenses. We also provide bookkeeping services.
Explaining the national insurance implications of becoming self-employed.
Registering businesses for VAT and explaining how to account for VAT.
Providing advice about the VAT Flat Rate Scheme and explaining the advantages of operating the scheme.
Registering small businesses for the Flat Rate VAT Scheme.
Completing and submitting VAT returns online to H M Revenue and Customs.
Company Tax Planning
Advantages and disadvantages of trading as a company versus self employment.
Analysing when to incorporate a business. Discussing the different forms of remuneration structures available.
Setting up share options arrangements as a method of remunerating staff members and explaining the tax implications of the different types of share options.
Exit strategies and tax implications of company liquidation.
Applying for Enterprise Investment Scheme (EIS) and Seed EIS status for companies.
Bespoke Tax Planning
Specialist tax reports can be prepared covering the following areas:
3.Capital Gains Tax planning
4.Trusts and Inheritance Tax
A&B Tax Consultants
Chartered Tax Advisor- Current