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Making Tax Digital masterclass - Thetford

February 2019
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Our next event

Making Tax Digital masterclass - Thetford

February 2019
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 as 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       

Select a Service:

Financial Planning

Tax and VAT

Accountancy Services

Audit and Assurance

Business Advisory

Employment Services

Sectors

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Corporate Finance

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Helpful documents

Capital gains tax and entrepreneurs' relief
Capital gains tax and entrepreneurs' relief.
Download
 
Research and Development tax incentives
Details of the tax incentives available for research and development initiatives
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 2018/19
Tax rate card 2018/19
Download
"I would like to say how pleased I am with the help and support you have given me to sort out the pension scheme. I have no hesitation in recommending Lovewell Blake to facilitate the pension process to any local business."
 
 

News

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8 February 2019
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4 February 2019
Over recent years it has been noticed that the first Monday in February sees higher numbers of workers calling in sick than any other day of the year, thus earning it the title “national sickie day”. Statistics estimate a staggering 350,000 absences on this day alone, costing the UK economy...
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