Tax Planning - Sole Traders, Partnerships and LLP's

Effective management by an individual of their tax affairs can directly influence the success of a business. A wide range of personal allowances, reliefs and exemptions are available and should be utilised efficiently wherever possible.

Some of the areas where we can help are:

• Furnished holiday property in the UK and abroad
• Rental of property (including residential and commercial)
• VAT
• Capital gains tax mitigation.
• Setting up in business. Payroll, VAT, most appropriate business vehicle
• Choosing the most appropriate year end for tax purposes
• Obtaining benefit for losses
• Tax planning involving family members
• Working abroad and leaving the UK
• Structuring employee remuneration packages
• Advising partnerships, including doctors and other professionals
• UK and overseas entertainers and sportsmen
• Charities, clubs and associations