Certax Brentwood » 'Tax Planning'

Tax Planning

tax

It is your right to pay the legal minimum of tax.  Certax Brentwood is there to help you achieve this.
You do have an obligation to:

  • Complete returns correctly;
  • Submit them on time;
  • Register if you are self-employed;
  • Register for VAT once your sales pass the threshold;
  • Keep appropriate records;
  • Run you’re your business so that it does not breach company law.

Certax Brentwood is there to assist you with all of these, through advice or through taking on the more time consuming or complex aspects of dealing with your finances.

Tax Returns and Self Assessment

At best, Tax Returns can be time consuming.  At worst they can be confusing and can lead to extra costs if deadlines are missed or the returns are incorrect.  It is also easy to overlook tax saving opportunities
Tax Returns can be completed for:

  • Individuals and sole traders;
  • Partnerships;
  • Limited Companies.
  • Certax Brentwood will:
  • Calculate your tax liabilities;
  • Submit tax returns on your behalf;
  • Show you how to minimize your tax contribution;
  • Represent you in your dealings with HMRC should it prove necessary.

VAT

Are you starting to worry about your business growing too big? Are you concerned that the whole VAT thing will be too much for you? Let Certax Brentwood handle this side of your business.
Are you close to the VAT threshold? Use our VAT calculator.
Registration for VAT – is it better to register when you first start? It might well be for your business.

There is more than one way of dealing with VAT – make an informed decision about which scheme to use. Quarterly VAT returns becoming a burden? With Certax Brentwood doing your bookkeeping you will have the figures ready to hand. Avoid the penalties for late returns – allow us to take on this responsibility.

Tax Planning

Remember, you are entitled to arrange your affairs so that you pay the legal minimum of tax.
There are many ways of reducing your tax burden and you will already be aware of some of them.
Certax Brentwood can help with tax planning in all of these areas:

Finally, do you think you should know more about any of the following?

  • IR35
  • Private use of your car
  • Use of part of your home as an office
  • Goodwill
  • Drawings/wages/dividends
  • Capital allowances
  • Income shifting
  • Company car and benefits; Use our calculator

You can find out yourself, wait for the tax man to sit you down for a little chat, or …….
You know who to call. Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.