Pay Less Tax Newsletter Spring 2022
In this newsletter we look at how to alleviate childcare costs; upcoming changes for property landlords, dangers of misinterpreting redundancy payments and saving time with cash flow
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
Spring Statement Summary – E-News April 2022
The Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022. In this early edition of our April tax newsletter we outline the key measures affecting our clients.
Pay Less Tax Newsletter – Winter 2022
In this Winter edition of the PayLessTax newsletter we look at Electric Vehicle Grants, the importance of a regular pension tax review, pre April 6th considerations and issues for directors in insolvency
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!