Our next event

Royal Norfolk Show 2017

June 2017
View details

Our next event

Royal Norfolk Show 2017

June 2017
View details

Business

Business Tax Planning

Business Tax Planning

Identifying opportunities to save you tax
We will work with you and provide practical solutions that will help you maximise your businesses profits by minimising your tax liabilities. Tax is a large and complex area and our team of experts reflect this.

As a business owner, no matter the size or structure of your company, we understand that your goal is to retain as much of your profit a you can whilst paying the least amount of tax possible. We can advise you on the best structure of your business to achieve your goal.

Sole Traders and Partnerships
As a first time sole trader we can help you:

  • understand the best company structure to suit your aims and objectives
  • assess your turnover, with a view to VAT registration
  • deal with payroll for any employees
  • plan around your tax liabilities, including the loss of your personal allowance
  • prepare budgets and forecasts to help you secure funding


As your business grows we can also:
  • provide advice on whether you could make tax savings by trading as a company
  • provide tax ‘health checks’ on a regular basis to ensure no tax is being paid unnecessarily.


In a partnership you may face many of the same tax issues as a sole trader. Additionally we can help you with the following tax planning expertise:

  • look at the tax benefits of bringing a partner on board
  • understand the different structures available to you and their tax implications
  • make changes to your partnership in a tax efficient way
  • support you during partnership disputes


Corporation and Business Tax
We will deal with your company tax returns on your behalf, ensuring they are submitted correctly and on time. We will advise you on what tax is due and when, planning at all times to make your business as tax efficient as possible.
We’ll advise you on all aspects of your companies finance, including:

  • choosing the correct business structure for your company, detailing the benefits of each option to you before you come to a decision
  • how best to extract funds from your business, helping you to establish a system that works for you and your company
  • understanding the most tax efficient ways to buy and sell businesses
  • restructuring and reorganising your business as it becomes necessary


Research and Development tax incentives
You may be able to benefit from tax incentives put in place by the government to encourage research and development in UK businesses. We can help you identify any areas that may qualify for these incentives and how to get them.
Call us on 01603 663300       

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Financial Planning

Tax and VAT

Accountancy Services

Business Advisory

Employment Services

Sectors

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Helpful documents

Research and Development tax incentives
Details of the tax incentives available for research and development initiatives.
Download
 
Capital gains tax - Entrepreneurs' relief
Details of entrepreneurs' relief on capital gains tax.
Download
 
Taxation services for landlords
Details of our specialist taxation services for landlords.
Download
 
Tax consultancy
Details of our tax services
Download
 
Tax rate card 2017/18
Tax rate card 2017/18
Download
"Scott was very informative and answered questions well. He dealt with it all in his usual calm manner."
 
 

News

Free HR masterclasses will help businesses prepare for redundancy and restructure
Marketing team

23 June 2017
With the General Election result producing ongoing political uncertainty, businesses need to prepare for the possible impact of that uncertainty – that is the message which will be put across at two masterclasses being presented by HR specialists from Lovewell Blake taking place next month.
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Lovewell Blake donation keeps students afloat
Marketing team

19 June 2017
Staff and students at Ely College were grateful this week to receive a £500 donation towards their raft for Ely Aquafest from regional accountancy firm, Lovewell Blake.
Read More

See all our news

Events

September agricultural briefing
20 September 2017
Our next agricultural briefing for professionals will take place on Wednesday 20 September. More details to follow.
Read More

Practice Manager masterclass: managing staff performance and sickness absence
18 July 2017
Our specialist medical team will be hosting a series of free masterclasses aimed at providing Practice Managers with a useful insight into a number of topical and complex areas that...
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Practice Manager masterclass: topical VAT matters
11 July 2017
Our specialist medical team will be hosting a series of free masterclasses aimed at providing Practice Managers with a useful insight into a number of topical and complex areas that...
Read More