In order to establish your business tax position, we start with a set of accounts.
First and foremost, the structure of your business entity will have a significant bearing on your tax payments. Our commercial business tax experience can help you determine the best structure for your business.
For example, a Limited Company will often be the appropriate trading vehicle, to limit both potential liability to third parties, and also tax.
“…Our business tax experience can help you determine the best structure for your business…”
Like all businesses, the accounting profit does not necessarily dictate the eventual tax bill. Certain expenses are not deductible for tax, and some deductions for tax are not shown in the accounts as costs. That’s why good business tax planning is so important.
Whether your business operates as a Sole Trader, Partnership, Limited Liability Partnership or Limited Company, we’ll ensure that you claim all the expenses and capital allowances to which you are entitled to in order to mitigate your tax liability. We will ensure that all claims are made as tax efficiently as possible.
Whatever the size of your business, contact us to see how you can benefit from our experienced business tax planning.