Tax planning should be a top priority for small business owners. Tax efficiency is the key to being a successful entrepreneur.
At UGS Accountants, we help clients save tax by advising on following key tax areas:
Paying yourself in the most tax-efficient way possible.
- Tax-efficient salary for spouse.
- National insurance contributions advice
- Tax savings when buying equipment for business
- Self-employment vs Employment status
- Business structuring advice
- VAT registration and planning
- Flat rate VAT advice
- Capital allowances
- Pension schemes
- Company cars
- Paying PAYE and National Insurance quarterly instead of monthly.
- Tax free income for your children