Our next event

Trainee insight evening 30 October 2018

October 2018
View details

Our next event

Trainee insight evening 30 October 2018

October 2018
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

Business Recovery

Corporate Finance

International

 

Helpful documents

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
 
Capital gains tax and entrepreneurs' relief
Capital gains tax and entrepreneurs' relief
Download
"Lovewell Blake help us with much more than just the year end accounts and tax. They facilitated a valuable strategic planning exercise for us and also provide independent input at board meetings, ensuring these remain business focussed."
 
 

News

Farm businesses risk being left behind if they don't embrace online marketplaces, says industry expert
Marketing Team

20 October 2018
Farmers are missing out on the benefits of online marketplaces because agricultural markets haven’t kept pace with digital development – that was the message given to around 60 Norfolk and Suffolk farmers at a joint Lovewell Blake and Suffolk Coastal NFU event this week.
Read More

Rising Norfolk football team receives financial boost with announcement of new kit sponsor
Marketing Team

8 October 2018
Bradwell-based Anglian Combination side AC Mill Lane has a new name on its shirts for the new football season, after chartered accountants, business advisers and financial planners Lovewell Blake stepped in to become the first team’s kit sponsor.
Read More

See all our news

Events

December Farmers Evening
5 December 2018
The next Farmers’ Evening takes place on 5 December, when John Theobald of Rattlerow will look at genetics and other ‘go forward’ elements of pig production. Details to follow
Read More

Brexit, bees and the brown stuff
28 November 2018
Join us for an evening of engaging presentations in partnership with the UEA, focusing on agriculture in the UK.
Read More

HR masterclass: Retention, engagement and wellbeing (27 November)
27 November 2018
Many businesses are facing skills shortages and recruitment challenges, proving that there is no time like the present to focus on retention, engagement and wellbeing to ensure you keep hold...
Read More