TAX Healthchecks
The purpose of our Tax Healthcheck is to identify any issues in your tax systems and procedures before HMRC does!
In carrying out a Tax Healthcheck, we would be tailoring the review to the specific needs of the individual client.
Income Tax
- Are you taking advantage of all allowances available?
- Are you wasting any allowances by claiming too much?
- Can you structure the timing of income to your advantage?
Business Tax
- Should your business be incorporated?
- Have you considered different ownership/remuneration strategies?
- Have all
expenses that can be properly claimed been considered?
VAT
- Should you register/de-register your business?
- Have you considered different methods of accounting for VAT – e.g. cash accounting, flat rate, retail schemes?
- Are you reclaiming input VAT correctly?
These are just a few of the areas that will be looked at, those needing more
Please feel free to contact us at Lambert Chapman if you would like to know more.
Get in touch today
Meet The Experts
Related Guides
Year End Tax Guide
Have you maximised all of your tax-free allowances?
Related News
Tax planning is a must
Post-lockdown it seems we are all busier than ever, keeping up to date with daily tasks, responding to communication and liaising with staff, clients and customers, but even while extremely busy, it’s still vitally important to consider tax planning not only from a...
Get in touch today
Contact us today to find out how we can help and let us provide a tailored quotation suitable for your business.
We've solved financial problems for these sectors
