Tax planning
Expert tax planning for businesses and individuals
Tax planning services from A K E
Tax planning
Our tax planning services cover a range of areas, working closely with you to help with personal tax planning or your small business tax. We want to help minimise errors and stress on your behalf to ensure a smooth and extensive tax planning experience.
Our skilled and experienced tax planners will explore various tax-saving methods. We’ll make sure to take full advantage of exclusions, exemptions, allowances and deductions.
AKE Accountancy tax planning services
Tax planning can be a complex topic, but as one of the friendliest accounting firms in Hertfordshire, our team of Chartered Certified Accountants are always happy to help.
Contact us for more information, and we’ll offer guidance on all your options.
We can advise on all tax-related areas, including:
- Personal taxes
- Business taxes such as Corporation Tax
- Tax-efficient employee remuneration strategies
- VAT returns and planning
- Inheritance tax strategies
- Capital gains
- IR35 advice
- Profit extraction strategies
- Exit strategies
- Employment status
Benefits of business tax planning include:
- Reducing the effective tax rate
- Lowering the amount of taxable income
- Maximising tax relief/tax credits available.
What is business tax in the UK?
Everyone has to pay taxes. Business taxes in the UK are what businesses have to pay, including various taxes depending on the nature of the business.
Small businesses have to pay certain taxes depending on their size, turnover and the activities/products they carry out. Missing any crucial deadlines for paying these taxes can result in hefty fines from HMRC. Plus, HMRC adds interest on overdue payments, so costs can quickly mount up.
Having a plan to cover all the different payments is something we can help with. We can minimise the tax you must pay to HMRC and help you achieve your financial goals.
Tax planning FAQs
Our highly-skilled North London and Hertfordshire accountants have access to tax planning resources to help you.
We have an extensive range of reference materials and specialist software, and can access tax legislation, tax cases, and HMRC manuals. With access to detailed commentaries on direct and indirect taxes, we can quickly research any tax topic and provide multiple ways of helping you save tax legally.
We will help you minimise your tax liabilities, complete and file returns, offer advice on estates and trusts, and assist with tax payments. No aspect of tax planning is left untouched; we can help with any concerns and areas.
Tax planning is as important as planning anything − keeping everything organised and ensuring you’re not caught out with a tax liability, all without worrying about over/underpayments, missed deadlines or errors. Dealing with significant amounts of money calls for a structured plan, as the penalties for submitting inaccurate tax returns can lead to fines.
Tax planning helps ensure that you maximise the amount of tax your pay. Our team of tax experts cover Hertfordshire, North London, Barnet and Enfield and can help small businesses, sole traders and individuals effectively maximise tax relief, claim back tax owed to them, and minimise the amount of tax you need to pay to HMRC.
Whether it’s personal tax planning or small business tax such as VAT or Corporation Tax, it’s essential to keep on top of things to avoid mistakes and keep in line with regulations.
There are multiple taxes in the UK, which can get a little complex. Here are the key ones you may require assistance dealing with:
Our team is skilled in handling tax issues and can maintain and optimise these areas to ease your workload.
All our work and knowledge abides by tax legislation and case law.
We have tons of advice and are happy to answer any queries. Call us to book your free consultation, and we will guide you through your options.
Other services
Audits
Full range of Assurance services and audits.
Inheritance and estate planning
Pass on your wealth in the most tax-efficient way
Self
assessment
Expert guidance on all aspects of self-assessment tax returns.
Tax
planning
Expert tax planning for businesses and individuals.
VAT
returns
We can provide you with a complete VAT service
Management accounts
Comprehensive management accounts on your schedule.
Managing payroll
and PAYE
We offer a fully managed payroll service tailored for your business.
Bookkeeping
services
Comprehensive bookkeeping to suit all your needs.
Accounts
services
Accurate annual accounts prepared on time.
