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Keep your cash flow flowing

September 2019
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Our next event

Keep your cash flow flowing

September 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       

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Financial Planning

Tax and VAT

Accountancy Services

Audit and Assurance

Business Advisory

Employment Services

Sectors

Business Recovery

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 card 2019/20
Tax card 2019/20
Download
 
Taxes made easy
Taxes made easy
Download
"Just a quick note to say how really brilliant the payroll team have been in taking over our payroll . They have handled us brilliantly . They are extremely knowledgeable, patient and competent for which we are very grateful.
It was quite scary changing after 15 years, but have no regrets.
"
 
 

News

Rebecca, a recent trainee, shares what to expect in your first couple of months as a Lovewell Blake trainee

What to expect in your first couple of months as a Lovewell Blake Trainee
HR team

13 September 2019
With our new 2020 trainee intake applications due to open soon, we asked recent trainee, Rebecca, to tell us about her first few months at Lovewell Blake, read on for a unique insight.
Read More

Partner Mary Schofield talks about the changes to the off-payroll working legislation

How will the new off-payroll working affect you?
Mary Schofield

11 September 2019
UK businesses and contractors should be aware of new rules taking effect from April 2020, regarding off-payroll working in the private sector, and how this will affect their business.
Read More

See all our news

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Join our Xero experts and learn how to manage your stock easily, accurately and effectively with these online solutions.
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HR masterclass: Disciplinary and grievance investigation (13 November)
13 November 2019
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HR masterclass: Disciplinary and grievance investigation (7 November)
7 November 2019
Are you aware of the importance of investigations when it comes to going through a disciplinary process or handling a grievance?
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