As the owner of an SME you may think that anything to do with tax is best left to your accountant to deal with. At the end of the financial year he prepares your annual accounts, lets you know how much Corporation Tax to pay and that’s it. Right?
Have you ever asked him whether the money you take from the business is done in the most efficient way? Knowing the rules can save you a lot of company and personal tax.
How much guidance does he give you on the most tax-efficient way to buy new plant and machinery - can you get advice regarding the tax effect and the best time to buy?
Or have you thought about buying another business or selling yours?
Most accountants are so busy with the day-to-day work of bookkeeping, accounts preparation and PAYE that they don’t always have the time to dedicate to the more complicated tax issues and even if they do they may not have the necessary tax expertise.
At Signa Business Advisers we are used to working closely with accounting professionals and providing our clients with specialist tax advice to save you money.
If you would like more information on how Signa can help please call us on 01494 562738 or send us a message.