Tax Planning and Mitigation
Versa’s expertise spans all aspects of personal and corporate tax planning to ensure your business and personal affairs are fully protected. We have a proven track record in asset protection and maximisation of personal wealth while, where appropriate, offering access to Enterprise Investment Schemes (EIS) that can provide up to 30% tax relief.
What does this service include?
Year end accounts & Management accounts
Meeting to discuss financial performance and proactively plan for tax in advance - this is the starting point to plan effectively.
Making tax digital ready for 2019/20
From April 19 HMRC are looking to make VAT registered businesses use a “Making Tax digital” service to keep records digitally and use software to submit their VAT returns. The exact detail is yet to be released, however we will be on hand to provide advice when required.
Personal tax planning
We will cover the review of personal income, tax efficient remuneration planning, tax return completion, management of tax payments, capital gains tax and planning ideas and inheritance tax planning.
Corporate tax planning
We will provide profit & cash extraction, capital allowances, business property relief, entrepreneurs relief, pension contributions via SIPP’s and family tax.
Maximisation of personal wealth
A detailed review of assets and liabilities, profit extraction from your business, debt structuring and investment into income generative projects.
In depth review of business & personal assets, Company re-structuring and the review of trading entities and income streams.
Resource & development (R&D) claims
Tax credits are a UK incentive to encourage companies to invest in R&D. You can reduce your company tax bill or claim payable cash credits as a proportion of the R&D expenditure.
Enterprise Investment (EIS) & Seed Investment (SEIS) Schemes
These HMRC backed schemes are designed to help smaller higher-risk trading companies raise finance by offering a range of tax relief of up to 50% to investors who purchase new shares in the relevant company.
Straightforward genuine people who do what they say they will and carry out their business in a professional, hands-on and efficient manner. My first point of contact for anything financial.Tony Winder, TW Group Ltd
What sectors commonly use this service?
Just as we at Versa are more than just accountants, we understand the fluidity of the businesses we work with, and the vast array of sectors in which they operate.
Want to make an enquiry?
We value conversation and have built our businesses around it, so please don’t hesitate to get in touch. Whether it’s a business enquiry or just an obscure question you need help answering, we’d love to hear from you.