ACCOUNTING & TAXATION
Staying up to date

Accounts and financial information form the high level reports, the convenient summaries of your activity during the year, and is required to calculate annual taxes such as Income Tax, Corporation Tax or Capital Gains Tax
However, the information in the accounts can and should also be used to to help you manage your business and identify problems quickly, and gains swiftly in order to minimise or eliminate problems and take advantage
With online accounting software and regular, accurate processing, information to help you manage or run your business can be available each month, on your phone, tablet or laptop, wherever you are in the world, or the UK.
Income Tax is mainly paid by individuals on their total earnings, wherever your income streams come from, and managed through your tax code and your annual return or Self Assessment Tax Return. There are many types of allowances that you can claim and schemes that you can benefit from so, our plan is to help you claim all you are allowed to in order to not pay too much tax.
Corporation Tax is usually paid by Limited Companies and organisation such as charities that trade. There are many allowances to be aware of and a flow into and effect on the income tax due by the directors and shareholders of the company. Our aim is to help you arrange the business’ operations to take advantage of the many allowances and schemes and arrangements available, to pay the lower level of tax you are obliged to pay.
Capital Gains tax (CGT) is a tax relates to objects or assets whose value can increase over time. It is charged on the net gain (akin to profit) that individuals can make when buying, enhancing, and selling or disposing of such assets e.g. houses, stocks & shares, collectible paintings and vehicles etc… we will help you limit the CGT due.
Research & Development tax credits are available for appropriate costs. These credits or allowances are worth 130% more than ordinary costs so can significantly reduce your tax bill and improve your cash flow. We can help you assess, create and submit successful claims.