Saving You Tax and Time

Tax Accountant: Saving You Tax

Everyone wants to pay less tax, and by following some simple steps it is possible to do so, whilst remaining compliant with the taxman.

Firstly, knowing what business expenses can be offset against your business income is a good starting point. This will reduce your taxable profits, and therefore keep your tax bill to a minimum.

Secondly, taking full advantage of legitimate tax breaks also helps to keep your tax liability low. Here it is best to work with a professional tax accountant, who keeps up-to-date with the latest legislation, enabling small business owners, like you, to maximise your tax position.

Saving tax also requires keeping up-to-date records, as then opportunities are not missed, due to lack of available information.

Using online accounting software, and keeping it up to date, enables easy provision of tax estimates. This way you always have a clear picture of your tax situation, and can make sure you are saving enough throughout the year to cover your expected liability.

Save tax by:

Claiming the maximum tax relief on your business expenses
Taking full advantage of all available tax breaks
Keeping up-to-date records, to keep a close eye on business profits and predicted tax liability
Avoiding missing deadlines through careful planning
Work with a professional tax accountant to utilise their experience and knowledge

TAX FOR SELF-EMPLOYED

As specialist small business accountants, many of our clients start off their business life trading as self-employed.

Small business owners from all industries, as well as freelancers and locums can find it simpler and more convenient in the early years to be self-employed.

Sole traders pay income tax under self-assessment and there are specific deadlines for filing your tax return, and settling your tax bill.

Once your tax liability reaches a certain level, you will also be required to make tax payments in advance, to account for timing in the tax system. This can be confusing for many that are new to the self-assessment process.

At AJN we work hard to ensure that you pay the least tax possible and adhere to all necessary deadlines.

One way we ensure you keep your taxes low is by working with you on a regular basis throughout the year, ensuing you are claiming the maximum tax relief on your business expenses.

Feel reassured that you remain compliant regarding your tax for self-assessment
Leave the paperwork to us
Let us worry about the deadlines for you, and remind you when action is required
We can explain the complexities of the tax system in easy terms, so you feel in control.

GET IN TOUCH FOR OUR

SELF ASSESSMENT TAX RETURN SERVICE

GET IN TOUCH

Our ethos is based on around saving our clients tax and time. All of this must be done within the confines of the law and whilst remaining compliant with the taxman. We work hard to ensure you remain compliant and reduce your exposure to tax.

This is best achieved via a 2 step process;

– Conducting a GLOSS review to ascertain as much information about your circumstances and goals

– Understanding what is required to achieve these goals and establishing a tax strategy accordingly

This approach helps open up areas of tax planning and helps build a strategic plan by looking at the wider picture.