Beryl delivered a great workshop and gave some excellent insights on how to get our message across to our clients.
The corporation tax self assessment scheme was introduced shortly after the income tax scheme for individuals.
It places the onus on you to calculate and declare the amount of tax payable on the profits of your company.
You are legally required to deliver a corporation tax return and pay the corporation tax due within specified timescales.
The amount of corporation tax you are due to pay shouldn’t be a surprise for you. And with adequate forward planning it won’t be.
It is possible to project forward and calculate what your next tax bill will amount to on a regular basis.
You won’t just be looking at your upcoming tax bill in isolation. We’ll make sure you plan the payment of it to serve your wider business and personal goals and it doesn’t get in the way of you achieving them.
We’ll contact you throughout the year to discuss the level of tax you can expect. And we’ll plan with you how you will meet this bill, making any changes in your financial arrangements so you are fully prepared and your cashflow is protected.