introduction
We will help you pay the minimum tax required
As your Business Tax Advisor, our objective is to work closely with you to ensure you pay the minimum business tax required by law. Our tax advice, allows you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.
We can manage the payment of all your tax liabilities to ensure on-time payments and avoidance of painful HMRC penalties.
the basics
Corporation Tax Liability
Tax Returns & Computations
Under Corporation Tax Self-Assessment (CTSA), the legal responsibility for calculating the corporation tax liability falls on business owners. We understand the issues you face and can prepare tax returns for you. We will also produce the supporting computations of tax liabilities.
Payment Dates & Reminders
We can advise you of corporation tax payment dates, provide timely reminders as payment falls due, and of course, be there to deal with HMRC on your company's behalf
Our aim:
Minimise Exposure
and Relieve the Admin Burden
doing more
Corporate Tax Planning
Strategic planning is important, particularly when changes to the business ownership is about to change. Our tax help includes:
- Advice on optimum group and shareholding structures.
- Reviews during the financial year in order to plan expenditure in the most tax efficient manner.
- Identifying allowances available, particularly those not always immediately thought of, such as capital allowances on the purchase of a freehold property or Research and Development expenditure tax relief.
- Keeping you advised of developments and changes in legislation - both generally and specific to your industry.
- Estimated Tax Liabilities as you go along so there's no end of year surprises
your entitlements
Capital Allowances
When investing in plant, machinery, or other major expenditure on assets for your business, it is important to make sure you claim the correct allowances to minimise your business’s tax liability.
Depending upon the type of asset and whether it has been selected by HMRC for special treatment (for instance Motor Cars have rules for restricting the tax relief based on the CO2 emissions of the vehicle), you may be able to claim some additional tax relief on your corporate or business tax return.
checking for errors
Self-employed National Insurance
Are you satisfied that the level of National Insurance you are paying is correct? Sometimes when an individual is both employed and self-employed, there are errors in the amount of NIC being charged.
If so, we can check your liability and assist with refund claims or claims for exemptions where applicable.
a few of our
Frequently Asked Questions
I just need ad-hoc business taxation advice. Do you offer this type of service?
Yes, we do offer this type of service. However, you will need complete and sign our Engagement Letter, before we can offer you advice. The Letter establishes the framework in which our relationship with you is managed.
Is business taxation part of your standard service?
Yes, it is part of our year end accounts preparation and submission service. Other business taxation services, such as Tax Planning, are included within some of our plans but can also purchased on an ad-hoc basis, when required.
How do you charge for your services i.e. is it a single fee or based on what I want?
If an existing client, typically, it is more cost effective to purchase one of our Plans that incorporates the level of business taxation advice required. In which case, the cost is spread over a full year. Even with ad-hoc requests, we are quite flexible and able to accomodate most payment options.
How simple is it to transfer my business tax affairs over to you?
It is a lot simpler than you may think. Simply, inform your Tax Adviser/Accountant you want to move, and we will take care of the rest.
What level of advice do you offer i.e. is it to small, medium or large enterprises?
We have extensive expertise and a proven track record, working with small to medium sized enterprises.
Do you offer a free consultation to discuss my requirements?
Yes, your initial consultation will last a maximum of one hour. To ensure you get the most out of the meeting, we will prepare an Agenda, in advance, to give you a good idea of what we will be discussing. You will also have the opportunity to list any other subjects to discuss on the day.
What will we discuss at the initial consultation?
Your plans, requirements, how we can help and support you, plus the fees. We will also create an Agenda before the meeting, to ensure you get the most from our discussion.
What is the process if I decide to use your business taxation service?
We need to agree the level of service, fees and carry out any anti-money laundry check. We will then need you to complete and sign our standard Engagement Letter, setting out the relationship between us.
Do you offer unlimited telephone advice as part of your standard service?
Yes, we do. We want clients to feel, they can pick up the phone at anytime, to receive the best advice, without having to worry if it is going to cost them, each time.
Do you help with HMRC investigations?
HMRC investigations can be stressful at the best of times, so we are delighted to be able to offer you this service.
Rated 5 out of 5
The level and quality of advice received, in our opinion, has played a major part in our success.
Jonathan Davis
Pertwee Associates
Working with Happy Clients
Every business wants happy clients and we are no different. Referrals play a large part in the continued success of our business and is why we are delighted, when clients send us positive feedback.
Great company and I would definitely recommend them to any new business venture, looking for an Accountant to guide them through the formative years of their business.
Beth Paisley
First & Second PR
Since our incorporation, Parvez & Co are the third Accountant firm we have used and, fortunately, the best. We have used them for over 5 years now and their eye for detail is commendable.
David Singh
G & W MarketingLatest News and Insights
What better way is there to serve as a trusted resource for clients than to provide valuable resources? Keep up to date with our thoughts & the latest developments
25 Oct2021
17 Oct2021
Author Parvez Admin Team Categories Making Tax Digital (MTD) Posted on 17 October 202125 October 2021
10 Oct2021
contact us
it could be the best decision you make this year
Are you;
- A new Startup business looking for the best advice.
- Unhappy with your existing Accountant and looking to change.
- Looking for an advisory service to help your business grow.
- Or need someone to look after your personal tax affairs.