Our attitude to tax is this – pay your taxes. Your taxes will increase when you create more income, and that’s a good thing. It means your business is growing and thriving. Pay every last penny you’re supposed to pay.
But don’t tip the treasury.
There are an awful lot of tech businesses who are overpaying tax because of the wrong kind of accounting. Waiting until long after a year end has passed and looking back to calculate your tax or R&D isn’t serving you well.
In our ‘32 Ways’ diagnostic review we will identify all the tax advice needs, tax saving opportunities, allowances, incentives and reliefs, applicable to your business.
The review covers up to 32 tax efficient ways to improve your tax position. These are things that can relate to you, your family, your life, your business.
Home working expenses
Mileage claims
Points rewards cards
Congestion charge – company car
Business travel
Subsistence & entertaining
Music, audio book & Amazon Prime subscriptions
R&D tax credits
Life insurance
Pension advice
Mobile phones
Gifts valued at under £50
Staff functions
Employee car parking
Workplace training
Lunches & snacks
Childcare support
Cycle to work scheme
Onsite gyms and sporting facilities
Company cards
Running costs for company cars
Charging electric vehicles
Additional items for company cars
Other taxable benefits to consider
Tax Diagnostic Analysis
We will complete the diagnostic review analysis & schedule a date to discuss our initial findings with you.
Initial Results Discussion
On a 30-minute call we’ll briefly discuss the findings of the report, clarifying any required details, so we can produce the final report and recommendations for action.
Final report & Recommendations
We will produce the final report and recommendations for action, including estimated tax savings and quotes for the delivery of any tax advice. (This step takes 1-2 weeks)