Tax Reduction Strategies

Tax Planning Services

Delivering on our promise to help business owners keep more of what they earn we have a range of tax planning services. If you can relate to any of the scenarios below we can help you significantly reduce your tax liability.

1. Limited Company making profits of £100,000 or more

You are facing a large corporation tax bill and a personal tax liability associated with distributing the profit.

Do you think the only way to reduce the tax bill is to pay large sums into a pension?.....but would rather it was in your account!

We can help you significantly reduce both corporation tax and personal tax.

2. Limited Company making profits of £100,000

You are facing a higher tax rate problem distributing the profit. Or are you building up large reserves of retained profits to avoid higher tax rate on distribution of the profits? 

We can help to distribute the profit without incurring higher rate tax, through flexible pension planning allowing full access to the cash.

3. A Contractor earning £50,000 per annum or more

Operating as a limited company and concerned by the implications of IR35?

Paying your wife a wage or a dividend - the income shifting legislation, expected in the 2009 finance bill will affect you.

Are you working under an umbrella arrangement but dissatisfied with the amount you are taking home?

We might just have a solution to help you.

4. A Director of a Limited Company with an overdrawn director's account of £100,000 plus

This creates all sorts of issues, 25% corporation tax (repayable once loan repaid), Class 1a national insurance payable and a personal tax liability.

We can help you effectively and efficiently repay an overdrawn director's loan account, without harming business or personal cash flow.

Compliance Accounting

We can even work alongside your existing accountant, if you are very happy with your current arrangements, when providing tax solutions!