Update from Team Sibbalds 18 February 2021
VAT Deferral Payment Scheme, Construction Industry Domestic Reverse Charge, COVID grants, Self employed Income Support and the Kickstart scheme
Hari Vasdev
If you are thinking of starting, or have recently started your own business, then getting the right advice can make a significant difference to the success of your new business, and the amount of tax you pay.
Statistically 80% of new businesses fail in the first 5 years, and out of those remaining, 80% fail in the following 5 years – which means that only 4% of businesses make it past their 10th anniversary!
As a leading firm of East Midlands Accountants, we have helped hundreds (possibly thousands) of startup businesses and many of them have gone on to be hugely successful – some reaching turnover of £10m and more. Using our vast experience of working with these businesses, and our expertise in business, finance and taxation, we can help you avoid the mistakes many new businesses make so that you succeed.
SERVICES FOR START UPS & NEW BUSINESSES
Call Hari on 01332 242257 or email hari.vasdev@sibbald.co.uk to arrange a free consultation and speak to him about your plans.
David Bowler
Running a business is a demanding, but rewarding adventure – and the demands increase as the business grows.
As business owners ourselves, we understand the challenges you face, and we have faced and overcome many of them ourselves. That’s why we’re perfectly placed to help and support you, and become your trusted adviser.
Out of all the business owners we work with, only a handful have had any formal business training. Most are skilled people with technical knowledge of the product or service they deliver. By combining this technical knowledge and the ambition and determination of the business owners, with our years of training and experience as Derbyshire accountants and trusted business advisers, we create a winning team – capable of achieving results beyond expectations.
SERVICES FOR ESTABLISHED BUSINESSES
Call David Bowler on 01332 242257 or email david.bowler@sibbald.co.uk to arrange a complimentary no obligation discussion about your goals.
Terry Grant
The two most common reasons new customers give us for choosing us over their existing accountants are returns not being filed on time or taking too long to file, and that they feel they are paying too much tax.
Our specialist East Midlands based tax team can offer support ranging from basic compliance – completing your returns, advising of the amount payable, and checking correspondence from HMRC – through to bespoke tax planning for income tax, capital gains tax and inheritance tax.
Working closely with you to identify future tax issues, allows us to plan in advance, so that there are no surprises and you can take appropriate action to minimise or eliminate those taxes.
SERVICES FOR INDIVIDUALS & TRUSTS
Call and speak to our tax specialist Terry Grant on 01332 242257, or email him on terry.grant@sibbald.co.uk and arrange a free no obligation meeting to discuss your tax affairs.
The Eight Promises
OUR SERVICES – EAST MIDLANDS ACCOUNTANTS
We have expertise in a wide range of areas
LATEST NEWS
Pay Less Tax Newsletter – Winter 2021
In this winter edition of the PayLessTax newsletter we cover off how the exit from the EU could adversely impact upon UK Spanish property owners, plus a tax efficient way to reward employees for the benefit of the business.
COVID-19 Updates – 18 January 2021
The Government has announced that it is going to extend the Coronavirus Job Retention Scheme until the end of March 2021, not pay the Job Retention Bonus in February, increase the third self-employed grant, covering November to January, from 55% to 80% of trading profits and increase the application deadline for loan schemes
CLIENT TESTIMONIALS
Don’t just take our word for it …
We moved to Sibbalds 18 months ago, after we had previously spent the last 7 years working with large regional firms. We didn’t feel like we got the service we deserved, or the support we needed to grow the business and minimise our tax liabilities.
David Bowler and his team have helped us in so many ways, from producing quarterly management accounts and pro-active tax planning, through to completion of our P11D forms and annual returns. They are always available at the end of the phone to answer our queries, and best of all they actively look for ways to help us and recommend ideas that can help us improve our profits.
They are professional and reliable, and we think of them as part of our team and would highly recommend them to other business owners who want to improve their business performance – in fact we have done so on a number of occasions!
Thinking of changing your accountant?
Changing accountants can be a really daunting experience, and a decision that most people take a long time to make – even when they aren’t getting the level of service and value they need.
We’ve made the whole process as simple as possible for you, by introducing our ChangeEASY service – it takes less than five minutes of your time and we do the rest!