What can we do for you?
Increasing the turnover of your business does not necessarily lead to enhanced wealth and profitability. It is just as important to focus on areas which will help your business save money.
At Styles and Co we recognise the value of implementing workable strategies that will ensure that you generate and retain more cash in your business.
Valuable Tax Planning for Businesses
Are you paying more tax than you need to?
Do you meet regularly with your accountant to discuss tax planning initiatives available to you?
Are you always informed, well in advance, about the amount of tax you are expected to pay?
Profitable businesses will always have tax to pay, however effective tax planning can help to minimise your present and future liabilities.
We have a dedicated team of tax specialists who will review:
- Now - your current situation and any schemes you have in place
- Where - your plans for the future and the impact of tax to them
- How - ways to minimise the burden of tax to your business
By meeting with you and understanding your business, personal and family ambitions, we will be able to devise a plan of action in this area to suit you.
Practical Remuneration Planning for Entrepreneurs
Do you know whether you are extracting money from your business in the most tax efficient way?
There are ways in which you may be remunerated by your business so that the burden of tax and national insurance is reduced.
This is a complex area and it is important that you seek specialist advice before embarking on any changes.
By meeting with you and establishing your circumstances, we will be in a position to make recommendations to help you in this area and potentially produce a significant saving.
Is a Company Car Best for You?
Depending on your personal and business circumstances there may be a significant difference in the amount of tax which is payable; depending on whether your vehicle is owned by you or your business.
This is another complex area and we can review your own personal circumstances, whether you operate just one or a fleet of vehicles.
Reducing Unnecessary Waste in Your Business
Up to 20% of the sales revenue of your business may be lost in waste every day.
By continuously reducing waste from your business you will achieve greater profitability and improved cash flow.
At Styles and Co, we are experienced in conducting structured waste audits for a wide cross section of industries and professions.
Maximising Your Outcome as a Result of Commercial Litigation
Businesses sometimes suffer financial losses through no fault of their own.
When this happens, it is important that the loss is accurately calculated so that the appropriate level of compensation or damages can be determined.
At Styles and Co we have a specialist forensic accountancy group who have the knowledge and skills to assist you and your legal advisors during the course of a claim.
Reducing the Impact of Tax Investigations on Your Business
Tax investigations can be very stressful and may cause even the most compliant business owner high levels of anxiety.
Our tax specialists are experienced in dealing directly with HM Revenue and Customs on behalf of a wide range of clients covering many industry sectors. Our expertise, together with our practical approach to handling this sensitive area, often leads to us reaching an expedient conclusion.
In doing so, the impact of any additional tax, penalties and interest could be mitigated whilst freeing you from the anxiety and inconvenience often associated with back-duty enquiries.