Taxation - Thoughts article written by Deepak Roddah
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When it comes to tax, you have ONLY two choices:
You can either plan ahead or pay the price.
As soon as you open a business, the Revenue & Customs will take an automatic stake in your company and become a lifetime partner. Not only a share of your profit, but actually they will claim a set percentage of your turnover through VAT regardless of whether the business makes a profit or loss. Revenue & Customs is the stakeholder your business never wanted but, unfortunately, can’t be avoided.
However, you do have options. How do you make sure you pay the least you can to the taxman and still be legal? We take tax matters very seriously. We know that by careful planning you can significantly reduce your tax bill or even bring it to zero. Annual Tax Return chartered professional accountants team Will aim to legally recover the maximum of your VAT and give the taxman the least possible share of your profit. It is all about knowledge, planning & timing.
We advise you on how to plan and then act. Because we concentrate on small to medium-sized businesses and investors, we have developed effective ways to mitigate the liability required by law. From individual to limited companies, from VAT to IHT, form computation to investigation, we cover every aspect of taxation. You are there to earn and we are here to help you save…
Call Pat Sharma for a free initial consultation to find out how we can help you keep your profit and avoid loss.